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Amazon to report first quarter earnings following White House tariff dustup [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
For the quarter, Amazon is expected to see earnings per share (EPS) of $1.36 and revenue of $155.1 billion, according to Bloomberg consensus estimates. That's a jump from the EPS of $0.98 and revenue of $143.3 billion the company reported in Q1 last year. Amazon's announcement comes after a dustup with the Trump White House on Tuesday over a PunchBowl News report that the company was preparing to include the impact of tariffs on product prices. White House press secretary Karoline Leavitt called the move "a hostile and political act," and CNN White House reporter Alayna Treene said President Trump personally called Bezos to complain about the plan. Amazon has since denied it was going to add tariff pricing to its main e-commerce site. "The team that runs our ultra-low cost Amazon Haul store considered the idea of listing import charges on certain products," Amazon spokesperson Tim Doyle said in a statement. "This was never approved and is not going to happen.” During a Tues
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