Amazon shares rose as much as 10% in extended trading on Thursday after the e-retailer reported first-quarter revenue that topped analysts’ estimates.
Earnings: 31 cents per share Revenue: $127.4 billion vs $124.5 billion expected, according to analysts surveyed by Refinitiv It is not immediately clear if the reported earnings are comparable to the Refinitiv analyst estimate of 21 cents per share.
For the second quarter, Amazon said revenue will be $127 billion to $133 billion. Analysts had called for sales of $129.8 billion, according to Refinitiv.
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