30.04.2024 22:10:33 - dpa-AFX: Amazon.com Inc. Announces Rise In Q1 Income, Beats estimates
SEATTLE (dpa-AFX) - Amazon.com Inc. (AMZN) reported a profit for its first
quarter that increased from the same period last year and beat the Street
estimates.
The company's bottom line totaled $10.43 billion, or $0.98 per share. This
compares with $3.17 billion, or $0.31 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.83 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 12.5% to $143.31 billion from $127.36
billion last year.
Amazon.com Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $10.43 Bln. vs. $3.17 Bln. last year.
-EPS (Q1): $0.98 vs. $0.31 last year.
-Revenue (Q1): $143.31 Bln vs. $127.36 Bln last year.
-Guidance:
Next quarter revenue guidance: $144.0 - $149.0 Bln
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