- Company News: Amazon’s (AMZN) Q2 earnings beat analysts’ estimate
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27 julho 2018
Company News: Amazon’s (AMZN) Q2 earnings beat analysts’ estimate
Amazon (AMZN) reported Q2 FY 2018 earnings of $5.07 per share (versus $0.40 in Q2 FY 2017), beating analysts' consensus estimate of $2.53.
The company's quarterly revenues amounted to $52.886 bln (+39.3% y/y), slightly missing analysts' consensus estimate of $53.371 bln.
The company also issued guidance for Q3, projecting Q3 revenues of $54.0-57.5 bln (versus analysts' consensus estimate of $58.04 bln) and operating income of $1.4-2.4 bln (versus analysts' consensus estimate of $1.3 bln).
AMZN rose to $1,884.20 (4.21%) in pre-market trading.
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