Amazon Q3 Earnings Surpass Estimates, Sales Increase Y/Y
Amazon(AMZN) ZACKS·2024-11-01 22:01
Amazon.com (AMZN) delivered third-quarter 2024 earnings of $1.43 per share, which grew 52.1% from the year-ago quarter, beating the Zacks Consensus Estimate by 25.44%.AMZN’s net income increased to $15.3 billion in the third quarter compared with $9.9 billion in the year-ago quarter.Net sales of $158.8 billion rose 11% year over year. The figure surpassed management’s guidance of $154-$158.5 billion and beat the Zacks Consensus Estimate by 1.15%.Excluding the $0.2 billion unfavorable impact from year-over-y ...