Google Tells Wall Street To Lower Q4 Estimates

By  |  January 18, 2013
 | 

Google has issued a blog post warning Wall Street estimates that their Q4 earnings estimates for the company are too high, notes All Things D.

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    Google is hinting that its predicted Q4 revenue of $12.4 billion will be around $1 billion less thanks to the selling of its Motorola set-top-box unit.

    “As of this writing, a majority of Wall Street analysts who cover Google have not reflected the Home business as discontinued operations in their estimates,” wrote Brent Callinicos, chief accountant.

    Google is set to hold its Q4 2012 earnings call on Tuesday, January 22.

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