Amazon.com Inc (AMZN)
Amazon Projects Strong Profit, Revenue for Holidays
Amazon sees optimism for a strong holiday shopping season as it projected profit and revenue in the current quarter that exceeded analysts' estimates. Dan Morgan, senior trust portfolio manager at Synovus Trust, examines the results.
Amazon Earnings Report | Closing Bell
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Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast
Amazon Q3 Earnings Highlights: Revenue Beat, EPS Beat, Q4 Guidance, New Kindles 'Significantly Outperforming Our Expectations'
Amazon.com Inc AMZN reported third-quarter financial results after the market close Thursday.
Amazon Beats Q3 Forecasts, Especially On The Bottom Line
Amazon topped Wall Street estimates in the third quarter, posting an 11% rise in revenue compared with the year-ago quarter and diluted earnings per share of $1.43. The earnings figure came in well above the Street expectation of $1.14, while total revenue of $158.9 billion eased past the consensus forecast of $157.3 billion.
Amazon Earnings: Stock Climbs As E-Commerce Giant Beat Expectations
Shares of Amazon jumped more than 5% in after-hours trading Thursday after the e-commerce giant reported third-quarter earnings that beat Wall Street expectations.
Amazon's advertising business grew 19% in the third quarter
Amazon's online advertising business jumped 19% year-over-year to $14.3 billion in the third-quarter. Amazon said that its overall third-quarter sales were $158.9 billion.
Amazon stock jumps 6% as Q3 revenue up 11% to $158.9B, profits hit $15.3B, AWS sales up 19%
Amazon topped estimates for its third quarter earnings, reporting $158.
Amazon.com beats estimates for quarterly revenue
Amazon.com beat market estimates for quarterly revenue on Thursday, boosted by strong growth in its cloud services unit thanks to growing enterprise spend on AI.
What You Need To Know Ahead of Amazon's Earnings
UPDATE—Oct. 31, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Earnings Pressure for AMZN, AAPL & AMD's Race Against NVDA
With Amazon's (AMZN) earnings, Daniel Newman expects to see strong cloud revenue growth after Microsoft (MSFT) and Meta Platforms (META) flexed A.I. strength. As for Apple (AAPL), the company needs to show a wider roadmap for its product releases.
Amazon set to report Q3 earnings after the bell
Amazon is set to report third-quarter earnings results Thursday. Wall Street has cheered Amazon CEO Andy Jassy's cost-cutting efforts, with the company's shares up about 23% year to date.
