© Reuters. Amazon.com Earnings, Income Miss in Q3
Investing.com – Amazon.com (NASDAQ:) reported on Thursday third quarter that missed analysts’ forecasts and income that fell in need of expectations.
Amazon.com introduced earnings per share of $6.12 on income of $110.8B. Analysts polled by Investing.com anticipated EPS of $8.91 on income of $111.62B.
Amazon.com shares are up 5% from the start of the yr, nonetheless down 8.61% from its 52 week excessive of $3,773.00 set on July 13. They’re under-performing the S&P 500 which is up 22.37% from the beginning of the yr.
Amazon.com follows different main Providers sector earnings this month
Amazon.com’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on income of $6.56B, in comparison with forecasts EPS of $1.55 on income of $6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on income of $7.48B, in comparison with forecast for EPS of $2.57 on income of $7.48B.
Keep up-to-date on all the upcoming earnings reviews by visiting Investing.com’s earnings calendar
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