Amazon.com Earnings Beat Expectations at $0.29, Profit Surges Above Forecasts

According to Amazon.com's (NASDAQ: AMZN) report, the earnings per share for the third quarter was $1.43, which is $0.29 higher than analysts' expectations of $1.14. The reported profit for this quarter was set at $158.9 billion, while analyst expectations were at $157.25 billion.

For the fourth quarter of 2024, Amazon.com’s profit is projected to be between $181.50 billion and $188.50 billion. Analysts had previously forecasted $186.36 billion.

The Amazon.com stock closed the day at $186.40, indicating an 11.02% increase over the last three months. Over the past 12 months, the stock has appreciated by 36.06%.

In the last 90 days, Amazon.com has reported 10 positive earnings per share while experiencing 23 negative earnings per share.

For insights into how Amazon.com stock has reacted to past earnings reports, you can investigate here. According to InvestingPro, Amazon.com holds a "Good performance" financial health score.

You can review the latest earnings reports and all financial information related to Amazon.com here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.