News Formal

Amazon smashes earnings expectations

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Amazon saw a huge EPS beat in its Q1 earnings, reporting $7.09 compared to the estimated $4.72.

Amazon reported first-quarter earnings on Thursday that reflected an on-going change at the company: less growth but fatter profit margins.

Amazon's advertising business, which is looped under the"other" category, significantly slowed down, seeing only 34% revenue growth to $2.7 billion, after growing at least 60% in the past five quarters. Investors, however, are seeing more profitability from Amazon in exchange. Net income hit a record $3.6 billion, and its operating profit of $4.4 billion represented a record 7.4% margin.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Like Amazon, these stocks have 100% buy ratings from analystsOnly one other S&P 500 stock has all ‘buy’ ratings from analysts, but a further search identifies dozens more. Don't buy individual stocks even with highest analyst buy ratings. Buy portfolios. Buy ETFs mirroring broad indices eg SPY, VT, ACWI. Analyst ratings subjective. Don't trust them! Trust God instead!
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »