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Stockreport

Amazon earnings fall for first time in more than two years, stock drops in late trading [MarketWatch]

Amazon.com, Inc. (AMZN)  More Company Research Source: MarketWatch
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon earnings fall for first time in more than two years, stock drops in late trading Amazon.com Inc. profit fell for the first time in more than two years, according to a quarterly earnings report released Thursday, as the e-commerce giant again ramps up spending. Amazon AMZN, +1.06% reported third-quarter profit of $2.1 billion, or $4.23 a share, on sales of $69.98 billion. Sales rose from $56.58 billion a year ago, but earnings declined from $5.75 a share, the first time Amazon earnings have shrunk year-over-year since June 2017. Analysts on average expected Amazon to report earnings of $4.59 a share on sales of $68.83 billion, according to FactSet. Amazon had been on a run of record profits until last quarter, when increased spending on transitioning to one-day delivery for Prime customers and other initiatives began showing up in its results . The e-commerce giant reported profit topping $10 billion in 2018, more than triple its previous annual record, and had reported recor [Read more]
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Stockreport

Amazon earnings fall for first time in more than two years, stock drops in late trading [MarketWatch]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: MarketWatch
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Amazon earnings fall for first time in more than two years, stock drops in late trading Amazon.com Inc. profit fell for the first time in more than two years, according to a quarterly earnings report released Thursday, as the e-commerce giant again ramps up spending. Amazon AMZN, +1.06% reported third-quarter profit of $2.1 billion, or $4.23 a share, on sales of $69.98 billion. Sales rose from $56.58 billion a year ago, but earnings declined from $5.75 a share, the first time Amazon earnings have shrunk year-over-year since June 2017. Analysts on average expected Amazon to report earnings of $4.59 a share on sales of $68.83 billion, according to FactSet. Amazon had been on a run of record profits until last quarter, when increased spending on transitioning to one-day delivery for Prime customers and other initiatives began showing up in its results . The e-commerce giant reported profit topping $10 billion in 2018, more than triple its previous annual record, and had reported recor [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
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LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
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%
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%
PRICE CHANGE
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
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PERFORMANCE SINCE EVENT
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