Amazon.com Q2 Sales $134.40B Beat $131.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amazon.com reported Q2 sales of $134.40 billion, beating the analyst consensus estimate of $131.54 billion by 2.17 percent. This represents a 10.86 percent increase over sales of $121.23 billion in the same period last year.
August 04, 2023 | 2:20 pm
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POSITIVE IMPACT
Amazon's Q2 sales exceeded analyst estimates by 2.17%, indicating strong performance. This could potentially boost investor confidence and positively impact the stock price in the short term.
Amazon's Q2 sales beat analyst estimates, which is typically a positive signal for investors. This could lead to increased investor confidence and demand for the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100