Google Shares Rise on Q1 Revenue Beat-Earnings Live Blog

TheStreet and RealMoney's Eric Jhonsa breaks down Google's first-quarter earnings report and call with analysts.
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Alphabet GOOGL shares were rising after-hours on Tuesday after beating first quarter revenue estimates, although earnings per share came in lighter than expected.

For the quarter, revenue of $41.16 billion beat a $40.82 billion consensus, while EPS of $9.87 came in below a $10.68 consensus. Excluding traffic acquisition costs, Q1 revenue was $33.71 billion, beating a $33.32 billion consensus.

Shares were rising 3.4% to $1,275.00 after-hours after falling 3% during the regular hours trading session. 

Eric Jhonsa, TheStreet and Real Money's tech columnist, is analyzing Alphabet's first quarter earnings report, as well as its call with analysts, scheduled for 4:30 p.m. E.T.