Alphabet Inc. Q3 Income Advances 19%

(RTTNews) - Alphabet Inc. (GOOGL) released a profit for its third quarter that increased compared to the same period last year.

The company said its bottom line climbed to $5.10 billion, or $7.35 per share. This was up from $4.30 billion, or $6.25 per share, in last year's third quarter.

Analysts had expected the company to earn $7.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.1% to $18.68 billion. This was up from $16.52 billion last year.

Alphabet Inc. earnings at a glance:

-Earnings (Q3): $5.10 Bln. vs. $4.30 Bln. last year. -Earnings Growth (Y-o-Y): 18.6% -EPS (Q3): $7.35 vs. $6.25 last year. -EPS Growth (Y-o-Y): 17.6% -Analysts Estimate: $7.21 -Revenue (Q3): $18.68 Bln vs. $16.52 Bln last year. -Revenue Change (Y-o-Y): 13.1%