The S&P 500 is falling this year, but Amazon (AMZN 2.97%) stock is falling even harder. It's down 14% in 2025 as investors are concerned about its fate in the new tariff era, while the S&P 500 is down only 6%.
Amazon.com Inc (NASDAQ:AMZN) stock fell overnight, in afterhours dealing, as the e-com giant underwhelmed investors with its forecasts against the volatile post-tariffs trading environment. The Prime retailer meanwhile reported a 9% rise in first-quarter net sales to US$155.67 billion.
While Amazon's 3P business usually grows faster than 1P, both 1P and 3P retail businesses grew at a similar rate in 1Q'25. Amazon recorded one-time charges related to some historical customer returns has not yet been resolved and some costs to receive inventory that was pulled forward into Q1 ahead of anticipated tariffs. While AWS topline growth was slightly disappointing, they did post their highest ever operating margin of ~40% this quarter.
Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies.
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at Amazon on Thursday (May 1).
“Obviously, none of us knows exactly where tariffs will settle or when.
Amazon.com, Inc. (NASDAQ:AMZN ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Dave Fildes - Vice President of Investor Relations Andy Jassy - Chief Executive Officer Brian Olsavsky - Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Capital Eric Sheridan - Goldman Sachs Justin Post - Bank of America Doug Anmuth - J.P. Morgan Brian Nowak - Morgan Stanley Brent Thill - Jefferies Operator Thank you for standing by.
While the top- and bottom-line numbers for Amazon (AMZN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Amazon (AMZN) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.13 per share a year ago.
Amazon on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.
Amazon (AMZN) reported first-quarter earnings that topped analysts' expectations, but its outlook disappointed.
Amazon CEO Jassy says he's 'optimistic' company could emerge from tariff uncertainty stronger