Alphabet posts earnings surprise as Q2 sales jump 24% to $119.8B

Alphabet, Google's parent company, said Wednesday that its second-quarter sales rose 24 percent year on year to $119.8 billion, beating market expectations.

The result topped the $116.9 billion consensus forecast compiled by the London Stock Exchange Group (LSEG).

Earnings per share came in at $9.11, more than three times the Wall Street estimate of $2.89.