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0.000578817733990181 -0.00221059113300488 0.00248768472906416 0.0117118226600985 0.0210160098522168 0.0190886699507389 0.0246305418719212 0.0227832512315271
Stock impact report

Amazon earnings fall for first time in more than two years, stock drops in late trading [MarketWatch]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
Amazon earnings fall for first time in more than two years, stock drops in late trading Amazon.com Inc. profit fell for the first time in more than two years, according to a quarterly earnings report released Thursday, as the e-commerce giant again ramps up spending. Amazon AMZN, +1.06% reported third-quarter profit of $2.1 billion, or $4.23 a share, on sales of $69.98 billion. Sales rose from $56.58 billion a year ago, but earnings declined from $5.75 a share, the first time Amazon earnings have shrunk year-over-year since June 2017. Analysts on average expected Amazon to report earnings of $4.59 a share on sales of $68.83 billion, according to FactSet. Amazon had been on a run of record profits until last quarter, when increased spending on transitioning to one-day delivery for Prime customers and other initiatives began showing up in its results . The e-commerce giant reported profit topping $10 billion in 2018, more than triple its previous annual record, and had reported recor Show less Read more
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