Amazon.com Inc (AMZN)
Amazon shares tumble almost 8% in Frankfurt
Amazon shares fell almost 8% in early trading in Frankfurt on Friday after reporting slowing online sales growth in the second quarter and noting consumers were seeking out cheaper options for purchases.
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
While Wall Street didn't like what it saw or heard from Amazon's Q2 earnings, from a consumer spending standpoint there was a lot to like. For now.
Amazon.com, Inc. (AMZN) Q2 2024 Earnings Call Transcript
Amazon.com, Inc. (NASDAQ:AMZN ) Q2 2024 Earnings Conference Call August 1, 2024 5:30 PM ET Company Participants Dave Fildes - VP, IR Andy Jassy - CEO Brian Olsavsky - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Mark Mahaney - with Evercore Brent Thill - Jefferies John Blackledge - TD Cowen Doug Anmuth - JPMorgan Operator Thank you for standing by. Good day, everyone, and welcome to the Amazon.com Second Quarter 2024 Financial Results Conference.
Amazon says distraction of Olympics, Trump assassination attempt contributed to weak forecast
Amazon said consumers are distracted by world events like the Olympics and the election, which is making it tough to forecast the third quarter. "We do see different traffic patterns during those events," CFO Brian Olsavsky said on a call with reporters.
Amazon (AMZN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Amazon (AMZN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Amazon (AMZN) Tops Q2 Earnings Estimates
Amazon (AMZN) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.63 per share a year ago.
Amazon's Revenue Guidance Came In Light. Its Stock Is Falling
Amazon (AMZN) shares dropped after the closing bell Thursday as the tech titan delivered third-quarter revenue guidance that disappointed investors.
Amazon Beats On Earnings, Revenue Comes In Light Despite Strong Cloud Performance
Amazon stock fell Thursday after the technology behemoth reported mixed quarter results and a weaker-than-expected forecast.
Amazon Reports $148 Billion in Second Quarter Sales
The e-commerce giant's stock dipped about 5 percent in after-hours trading after lower-than-expected guidance.
Amazon shares plummet on weak sales forecast despite CEO touting cloud growth
Amazon's focus on successes in its AWS cloud computing did not cheer investors who sent shares of the Seattle-based company down more than 6% in extended trading.
Amazon Q2 profits surge as revenue misses estimates
Amazon.com Inc (NASDAQ:AMZN) shares moved more than 6% lower after Thursday's closing bell as the eCommerce giant's second quarter revenue came in short of expectations. It posted a 10% year-over-year increase in revenue to $148 billion, missing estimates of $148.6 billion.
Amazon Shares Slide After E-Commerce Giant Underperforms On Revenue Expectations
Amazon's stock dropped as much as 5% after the company issued its second-quarter earnings Thursday, revealing net sales did not meet analyst expectations alongside a conservative revenue forecast.
