Alphabet's third-quarter revenue and earnings per share exceeded expectations

Google's parent company Alphabet's third fiscal quarter revenue was $88.27 billion, analysts expected $86.45 billion; third fiscal quarter earnings per share were $2.12, analysts expected $1.84; third fiscal quarter Google cloud revenue was $11.35 billion, analysts expected $10.79 billion; fourth fiscal quarter Google advertising revenue was $65.85 billion, analysts expected $65.50 billion; third fiscal quarter YouTube advertising revenue was $8.92 billion, analysts expected $8.89 billion; third fiscal quarter other business revenue was $388 million, analysts expected $377.90 million; third fiscal quarter operating profit was $28.52 billion, analysts expected $26.67 billion; third fiscal quarter revenue excluding traffic acquisition costs 74.55 billion dollars, analysts expected $72.88 billion.