In a July 9, 2024, press release, Alphabet Inc. (NASDAQ: GOOG, GOOGL) announced it will host its Q2 2024 earnings call today, Tuesday July 23, at 1:30 PM PT (4:30 PM ET).
Market Cap
$2.253 Trillion marks Alphabet’s (Google) market cap as of July 2024, positioning it as the 4th highest valued entity globally, per www.companiesmarketcap.com.
Dividend information 
With a 0.44% dividend yield and an $0.80 annual dividend, the quarterly payout features a 12.27% payout ratio. The shareholder yield stands at 3.36%, bolstered by a 2.92% buyback yield. The ex-dividend date is June 10, 2024, though dividend growth data is not available.
Recent development at Alphabet and Google 
Recent Developments at Alphabet and Google :
– Anat Ashkenazi appointed as CFO at Google and Alphabet.
– Alphabet advises shareholders on the Tutanota LLC mini-tender offer, without giving an opinion.
– Proxy materials for the 2024 annual meeting of stockholders now available online.
Q1 Earnings Report Recap 
For Q1 2024, Alphabet Inc. reported a revenue surge to $80.5 billion, up from $69.8 billion in Q1 2023. Costs of revenues increased to $33.7 billion, R&D expenses to $11.9 billion, and G&A expenses decreased to $3.0 billion. Income from operations rose to $25.5 billion, with net income reaching $23.7 billion, up from $15.1 billion. Basic and diluted EPS for Class A, B, and C stock were $1.91 and $1.89 respectively, compared to $1.18 and $1.17 in the previous year.
Q2 Alphabet Inc Class A (NASDAQ:GOOGL) Earnings Report Analyst Forecast 
For Q2, Alphabet Inc Class A (NASDAQ : GOOGL) is projected to post a Zacks Consensus EPS of $1.84, derived from 16 analyst estimates, with a range spanning from a high of $1.98 to a low of $1.66. This forecast represents a significant year-over-year EPS growth of 27.78% compared to last year’s $1.44. On the revenue front, the consensus estimate is pegged at $70.55 billion from 13 estimates, with the highest projection at $71.60 billion and the lowest at $69.37 billion, reflecting a 13.67% year-over-year increase from last year’s $62.07 billion in sales.
According to www.investing.com, Alphabet Inc Class A (NASDAQ: GOOGL) forecasts its Q2 earnings per share (EPS) at $1.83 and revenue at $84.16 billion.
Per www.tradingview.com, Alphabet Inc Class A (NASDAQ: GOOGL) forecasts Q2 EPS at $1.84 and revenue at $84.21 billion.
Technical Analysis 
Uptrend Line Rejection (4HR chart): Alphabet Inc Class A (NASDAQ : GOOGL) Class A at $176.94.
If Rejection Holds:
Potential rise to $189.75.
If $189.75 breaks, target $206.03.
If Rejection Fails:
Potential drop to $166.88.
If $166.88 breaks, target $158.97.
Conclusion
In conclusion, Alphabet Inc. Class A (GOOGL) has demonstrated strong financial performance, with significant revenue and net income growth in Q1 2024. The company’s market cap stands at $2.253 trillion, making it the 4th highest valued entity globally. Analysts project continued growth in Q2 2024, with an expected EPS of $1.84 and revenue estimates around $84.21 billion. Technically, if the uptrendline rejection at $176.94 holds, prices could rise to $189.75 and potentially $206.03. Conversely, if the rejection fails, prices may fall to $166.88 and possibly $158.97. Overall, Alphabet Inc. appears poised for continued growth, barring any major market disruptions.
Sources
https://companiesmarketcap.com/alphabet-google/marketcap/
https://stockanalysis.com/stocks/googl/dividend/
https://images.app.goo.gl/Ekfgv43FJBL914v68
https://abc.xyz/investor/earnings/
https://www.zacks.com/stock/quote/GOOGL/detailed-earning-estimates
https://www.investing.com/equities/google-inc-earnings
