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

Notícias do Mercado

30 outubro 2020

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

Amazon (AMZN) reported Q3 FY 2020 earnings of $12.37 per share (versus $4.23 per share in Q3 FY 2019), beating analysts’ consensus estimate of $7.36 per share.

The company’s quarterly revenues amounted to $96.145 bln (+37.4% y/y), beating analysts’ consensus estimate of $92.556 bln.

The company also issued upside guidance for Q4 FY 2020, projecting revenues of 112-121 bln versus analysts’ consensus estimate of $112.4 bln.

AMZN fell to $3,158.52 (-1.63%) in pre-market trading.

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