Amazon.com Q2 Adj. EPS $0.63 Beats $0.34 Estimate
Portfolio Pulse from Benzinga Newsdesk
Amazon.com reported Q2 earnings of $0.65 per share, beating the analyst consensus estimate of $0.34 by 91.18%. This is a 261.11% increase over earnings of $0.18 per share from the same period last year. The company also reported quarterly sales of $134.40 billion, beating the analyst consensus estimate of $131.54 billion by 2.17%. This is a 10.86% increase over sales of $121.23 billion the same period last year.
August 04, 2023 | 2:27 pm
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POSITIVE IMPACT
Amazon's Q2 earnings and sales beat analyst estimates, indicating strong performance. This could potentially lead to a positive impact on the company's stock price.
Amazon's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's performance. This positive financial report could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100