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https://www.wsj.com/articles/profit-numbers-get-spruced-up-as-business-slows-8eec5017

Business Is Slowing. So Companies Are Juicing Profits.

Reallocate costs. Unwind charges. Delay depreciation. Companies are using nontraditional ways to boost the bottom line.

By Ben Foldy
Google parent Alphabet is among a host of companies that have been beating analysts’ expectations. Photo: Marlena Sloss/Bloomberg News

Business slowed last year for Google’s parent, Alphabet. The tech giant still beat earnings expectations in this year’s first quarter, in part because it said that its computer servers would last longer than expected.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.