2 Key Things From Amazon's Earnings Call That Investors Should Know
Amazon.com (NASDAQ: AMZN) released a second-quarter 2019 earnings report last Thursday that many investors probably consider a mixed bag.
The e-commerce and cloud computing behemoth's revenue jumped 20% year over year to $63.4 billion -- $1 billion more than Wall Street had expected. But the company's earnings per share (EPS) edged up just 3% to $5.22, falling short of the $5.75 consensus estimate.
Shares fell 1.6% on Friday, which we can attribute to the earnings miss and third-quarter operating income guidance coming in lower than analysts had been projecting.
Quelle Fool.com
