Update: Alphabet Shares Slump Pre-Bell After Q3 Earnings Unexpectedly Decline, Revenue Misses Estimate

04:48 AM EDT, 10/29/2026 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Alphabet's (GOOG/GOOGL) shares fell 10% in Thursday's premarket activity after the company's Q3 earnings unexpectedly declined from a year ago and revenue missed market expectations. The company reported Q3 earnings late Wednesday of $2.12 per diluted share, down from $2.87 a year earlier. Analysts polled by FactSet expected $3.02. Revenue in the three months ended Sept. 30 rose to $127.6 billion from $102.3 billion a year earlier. Analysts expected $127.96 billion.