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Amazon profit doubles to set a record high for a fourth consecutive quarter
$3.6 billion in net income tops holiday quarter, blows away analyst estimates
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Amazon AMZN on Thursday reported first-quarter profit of $3.6 billion, or $7.09 a share, on sales of $59.7 billion, up from earnings of $3.27 a share a year ago on revenue of $51 billion. That is record quarterly net income for the internet giant, which recorded revenue just slightly higher than $3 billion in the 2018 holiday-shopping period, the previous record. Amazon has now produced record revenue totals in four consecutive quarters, bringing in about $12 billion in earnings in that time.
Analysts on average projected Amazon would report earnings of $4.70 a share on sales of $59.68 billion, according to FactSet.
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https://www.marketwatch.com/story/amazon...yptr=yahoo
![[Bild: AMZNc1dl1641.png]](https://finviz.com/publish/042519/AMZNc1dl1641.png)
$3.6 billion in net income tops holiday quarter, blows away analyst estimates
...
Amazon AMZN on Thursday reported first-quarter profit of $3.6 billion, or $7.09 a share, on sales of $59.7 billion, up from earnings of $3.27 a share a year ago on revenue of $51 billion. That is record quarterly net income for the internet giant, which recorded revenue just slightly higher than $3 billion in the 2018 holiday-shopping period, the previous record. Amazon has now produced record revenue totals in four consecutive quarters, bringing in about $12 billion in earnings in that time.
Analysts on average projected Amazon would report earnings of $4.70 a share on sales of $59.68 billion, according to FactSet.
...
https://www.marketwatch.com/story/amazon...yptr=yahoo
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