Amazon's Q1 earnings beat estimates, showing positive growth trends in key metrics

From Nasdaq: 2024-04-30 17:30:03

Amazon (AMZN) reported $143.31 billion in revenue for Q1 2024, a 12.5% increase YoY with EPS of $1.13, up from $0.31 a year ago. The reported revenue beat Zacks Consensus Estimate by +0.55%, with EPS surprising by +36.14%. Key metrics evaluating Amazon’s performance in various sectors were also positive, indicating growth. With a Zacks Rank #2 (Buy), the stock may outperform in the near future.



Read more at Nasdaq: Amazon (AMZN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates