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Amazon.com announced earnings per share of $0.28 on revenue of $127.10. Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $127.76B.
Amazon.com shares are down 33% from the beginning of the year, still down 41.01% from its 52 week high of $188.11 set on November 19, 2021.
Amazon.com shares lost 17.22% in after-hours trade following the report.
Amazon.com’s report follows an earnings beat by Tesla on October 19, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
McDonald’s had beat expectations on Thursday with third quarter EPS of $2.68 on revenue of $5.87B, compared to forecast for EPS of $2.59 on revenue of $5.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
