Company News: Amazon (AMZN) Q2 EPS miss analysts’ estimate

Market news

28 July 2017

Company News: Amazon (AMZN) Q2 EPS miss analysts’ estimate

Amazon (AMZN) reported Q2 FY 2017 earnings of $0.40 per share (versus $1.78 in Q2 FY 2016), missing analysts' consensus estimate of $1.39.

The company's quarterly revenues amounted to $37.955 bln (+24.8% y/y), beating analysts' consensus estimate of $37.177 bln.

The company also issued in-line guidance for Q3, projecting Q3 revenues of $39.25-41.75 bln versus analysts' consensus estimate of $39.92 bln.

AMZN fell to $1,014.70 (-2.99%) in pre-market trading.

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