Amazon beats on profit and revenue, with growth of 13%. Outlook disappoints though

Sharing is Caring!

Amazon shares rose in extended trading on Tuesday after the company reported better-than-expected revenue and earnings.

Here’s how the company did:

Earnings per share: 98 cents vs. 83 cents expected by LSEG

Revenue: $143.3 billion vs. $142.5 billion expected by LSEG

Wall Street is also watching several other numbers in the report:

See also  Inflation surge imminent as M2 growth hints, Biden's proposed 44% Capital Gains Tax shocks; gold soars.

Amazon Web Services: $25 billion vs. $24.5 billion in revenue, according to StreetAccount

Advertising: $11.8 billion vs. 11.7 billion in revenue, according to StreetAccount


See also  Groundbreaking high-speed rail system links Southern California to Las Vegas, promising faster travel and economic growth.
Views: 16

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.