Google Watch

UBS lowers its earnings estimate due to the secondary stock offering.

For 2006 and 2007, UBS lowered the earnings-per-share estimates on Google to $7.57 and $9.30, respectively, down from $7.60 and $9.43, citing the impact of an offering of about 14 million shares expected in the third quarter.

Posted by on August 29th, 2005 at 9:19 am


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