Amazon (AMZN) Q2 Earnings and Revenues Top Estimates
Amazon (AMZN) came out with quarterly earnings of $10.30 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $5.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 491.95%. A quarter ago, it was expected that this online retailer would post earnings of $6.36 per share when it actually produced earnings of $5.01, delivering a surprise of -21.23%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Amazon, which belongs to the Zacks Internet - Commerce industry, posted revenues of $88.91 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 9.02%. This compares to year-ago revenues of $63.40 billion.
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https://finance.yahoo.com/news/amazon-am...1596179904
Amazon (AMZN) came out with quarterly earnings of $10.30 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $5.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 491.95%. A quarter ago, it was expected that this online retailer would post earnings of $6.36 per share when it actually produced earnings of $5.01, delivering a surprise of -21.23%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Amazon, which belongs to the Zacks Internet - Commerce industry, posted revenues of $88.91 billion for the quarter ended June 2020, surpassing the Zacks Consensus Estimate by 9.02%. This compares to year-ago revenues of $63.40 billion.
...
https://finance.yahoo.com/news/amazon-am...1596179904
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