Amazon reports strong earnings for Q4, but stocks dip due to outlook for the 1st quarter
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter.
Amazon to report Q4 earnings with cloud revenue, AI spending in focus
Amazon is the world's largest cloud provider and, like Microsoft and Google, is furiously investing in building out its AI infrastructure capabilities to meet demand. In Q3, CEO Andy Jassy told shareholders the company planned to spend $75 billion on capital expenditures in 2024, and even more in 2025.
Listen to the Amazon (AMZN) Q4 2024 earnings call here
Amazon’s Q4 2024 earnings call will take place today at 2 p.m. PT/5 p.m. ET. We’ll be streaming it on the Shacknews YouTube channel. You can also find it on Amazon’s investor relations website.
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.
Amazon.com, Inc. (AMZN) Q4 2024 Earnings Conference Call Transcript
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy -
Amazon’s stock drops as earnings outlook underwhelms, cloud growth will be ‘lumpy’
The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.
Amazon Q4 Earnings Clear The Bar In Strong Holiday Showing, But Stock Sags Due To Outlook For Q1
Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86. Shares in the tech giant slumped on the earnings news,
Amazon.com Inc. Reports Rise In Q4 Profit, Beats Estimates
Amazon.com Inc. (AMZN) reported earnings for its fourth quarter that increased from the same period last year and beat the Street
Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of expectations.
Amazon.com (AMZN) Q4 2024 Earnings Call Transcript
Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all ...
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