Company News: Amazon (AMZN) quarterly results beat analysts’ estimates

Market news

27 April 2018

Company News: Amazon (AMZN) quarterly results beat analysts’ estimates

Amazon (AMZN) reported Q1 FY 2018 earnings of $3.27 per share (versus $1.48 in Q1 FY 2017), beating analysts' consensus estimate of $1.25.

The company's quarterly revenues amounted to $51.042 bln (+42.9% y/y), beating analysts' consensus estimate of $49.937 bln.

AMZN rose to $1,626.98 (+7.18%) in pre-market trading.

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