Amazon Beats Q3 Forecasts, Especially On The Bottom Line
Amazon(AMZN) Deadline·2024-11-01 04:20
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. The company said it expects revenue in the holiday fourth quarter to grow 7% to 11% compared with the same period in 2023, reaching between $181.5 billion and $188.5 billion. CEO And ...