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Ekonomické zprávy
03.02.2023

Company news: Amazon (AMZN) quarterly revenues beat analysts’ forecasts

Amazon (AMZN) reported Q4 FY2022 earnings of $0.03 per share (versus $27.75 per share in Q4 FY2021), which may not be comparable to analysts’ consensus estimate of $0.17 per share.

The company’s quarterly revenues amounted to $149.204 bln (+8.6% y/y), beating analysts’ consensus estimate of $145.723 bln.

The company also issued in-line guidance for Q1 FY2023, seeing revenues of $121-126 bln versus analysts’ consensus estimate of $125.13 bln.

AMZN fell to $107.88 (-4.45%) in pre-market trading.

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