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. 

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