Amazon’s Stock Price Stumbles After Hours On Revenue, Earnings Miss And Weak Guidance
Today after the market close Amazon reported its fourth quarter financial performance, including revenue of $25.59 billion, and earnings per share of $0.51. The company has operating income of $510 million in the period, up 26 percent year over year.
The street had expected Amazon to report revenue of $26.06 billion, and earn $0.66 per share. Put another way, in a quarter of strong GDP growth, Amazon managed to miss expectations on both its top and bottom lines.
0 Comments
View Comments
- Companies:
- Amazon.com
- People:
- Jeff Bezos
Related Content
Comments
%0D%0A%20%20The%20street%20had%20expected<%2Fa>%20Amazon%20to%20report%20revenue%20of%20$26.06%20billion,%20and%20earn%20$0.66%20per%20share.%20Put%20another%20way,%20in%20a%20quarter%20of%20strong%20GDP%20growth,%20Amazon%20managed%20to%20miss%20expectations%20on%20both%20its%20top%20and%20bottom%20lines.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Faggregatedcontent%2Famazon-s-stock-price-stumbles-earnings-miss-and-weak-guidance%2F" target="_blank" class="email" data-post-id="12526" type="icon_link"> Email Email
0 Comments Comments