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Alphabet (GOOGL) Will Post a 'Status-Quo' Quarter, Susquehanna's Gilbert Says

NEW YORK (TheStreet) --Alphabet (GOOGL) will report its 2016 third-quarter results after the market close on Thursday. Analysts polled by FactSet expect earnings of $8.62 per share, on revenue of $17.99 billion.

Susquehanna Financial Group head of derivative strategy Stacey Gilbert explained why the results will be a "non-event" during Thursday afternoon's "Power Lunch" on CNBC.

"This company used to be one of the technology volatility darlings, but now from a volatility perspective, it looks a lot like a media company. If we look at the options in terms of its implied move heading into earnings, it's roughly 5% that is not an outlier,"...