Amazon (AMZN) beats Q4 earnings and revenue estimates, with positive outlook for future performance.
From Nasdaq: 2025-02-06 17:15:08
Amazon (AMZN) reported quarterly earnings of $1.86 per share, exceeding the expected $1.52 per share. This marks a significant increase from last year’s $1.01 per share. The company’s revenue for December 2024 was $187.79 billion, beating estimates by 0.28%.
With Amazon’s consistent surpassing of EPS estimates and revenue expectations, investors are curious about the stock’s future performance. The current Zacks Rank for Amazon is #2 (Buy), indicating a positive outlook. The industry rank for Internet – Commerce is in the top 25%, showing strong potential for growth.
Wayfair (W), a competitor in the same industry, is expected to release its quarterly results on February 20. Projections indicate break-even EPS and a 1.8% decrease in revenue compared to the previous year. Investors should closely monitor these developments to make informed decisions.
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