Amazon (AMZN) reported Q1 FY 2019 earnings of $7.09 per share (versus $3.27 in Q1 FY 2018), beating analysts’ consensus of $4.66.
The company’s quarterly revenues amounted to $59.700 bln (+17.0% y/y), generally in line with analysts’ consensus estimate of $59.731 bln.
The company also issued guidance for Q2, projecting revenues of $59.5-63.5 bln (versus analysts’ consensus estimate of $62.42 bln) and operating income of $2.6-3.6 bln (versus analysts’ consensus estimate of $4.2 bln).
AMZN rose to $1,914.30 (+0.63%) in pre-market trading.