Amazon shares rose in extended trading on Tuesday after the company reported better-than-expected revenue and earnings.
Here’s how the company did:
Earnings per share: 98 cents vs. 83 cents expected by LSEG
Revenue: $143.3 billion vs. $142.5 billion expected by LSEG
Wall Street is also watching several other numbers in the report:
Amazon Web Services: $25 billion vs. $24.5 billion in revenue, according to StreetAccount
Advertising: $11.8 billion vs. 11.7 billion in revenue, according to StreetAccount
Source: https://www.cnbc.com/2024/04/30/amazon-amzn-q1-earnings-report-2024.html
