Alphabet reports miss on earnings and revenue

Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020.

Geert Vanden Wijngaert | Bloomberg | Getty Images

Alphabet reported first quarter earnings after the bell. Here are the results:

Earnings per share (EPS): $24.62 per share, vs. $25.91 expected, according to Refinitiv

Revenue: $68.01 billion, vs. $68.11 billion expected, according to Refinitiv

Wall Street is also watching other key numbers in the Alphabet report:

YouTube advertising revenue: $6.87 billion expected vs. $7.51 billion expected, according to StreetAccount
Google Cloud revenue: $5.82 billion vs. $5.76 billion expected, according to StreetAccount
Traffic acquisition costs (TAC): $11.99 billion vs. $11.69 billion expected, according to StreetAccount

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