Amazon EPS Jumps 86%, Beats Forecasts
From Nasdaq.: 2025-02-06 16:35:47
In the fourth quarter of 2024, Amazon reported revenue of $187.8 billion, surpassing expectations, with a diluted earnings per share of $1.86, well above projections. The growth was driven by Amazon Web Services (AWS) and international sales improvements. Operating income rose to $21.2 billion, showing significant financial momentum. AWS achieved a 19% sales growth, reaching $28.8 billion, and North American sales increased by 10%. However, Amazon faces challenges due to hefty capital expenditures for AWS expansions. Looking ahead, strategic investments in AWS and e-commerce efficiency are key priorities for Amazon’s future growth.
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