News Formal

Amazon Provides Strong Sales Forecast on E-Commerce Business

  • 📰 economics
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

NEW: Amazon gave a sales outlook that topped estimates on a strong performance from its main e-commerce business

gave a sales outlook that topped estimates on a strong performance from its main e-commerce business. The shares rose about 6% in extended trading.

Revenue in the current quarter will be $138 billion to $143 billion, compared with analysts’ average projection of $138.3 billion. Operating income will range from $5.5 billion to $8.5 billion. Analysts, on average, estimated $5.41 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 71. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shares of e.l.f Beauty surge 15% after company raises full-year guidance on surging salesDrugstore makeup brand e.l.f Beauty raised its full year outlook after reporting a 76% sales jump as the red-hot beauty market continues to surge.
Source: CNBC - 🏆 12. / 72 Read more »