Amazon.com Earnings, Revenue Beat in Q3

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEC0O0ZC_M.jpg

Amazon.com announced earnings per share of $12.37 on revenue of $96.15B. Analysts polled by Investing.com anticipated EPS of $7.37 on revenue of $92.6B.

Amazon.com shares are up 73% from the beginning of the year, still down 9.59% from its 52 week high of $3,552.25 set on September 2. They are outperforming the S&P 500 which is up 2.43% from the start of the year.

Amazon.com’s report follows an earnings beat by Visa A on Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.

Verizon had beat expectations on October 21 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar