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Amazon Wall Wall Street Expectations for fourth quarterdriven by strong growth in the cloud, And investmentsIA Robust holiday season. However, the company issued a gloomy prospects for the first quarter, prompted supplies to fall for about 2% in trading after an hour.
Div e-commerce reported revenue of 187.8 billion dollars, 10% annual increase and earnings per share of $ 1.86. Amazon (Amzn+ 0.84%) Recently Pretay Walmart In annual revenue, for the first time, they were mainly led by its web services.
“The holiday season was most successful for Amazon,” Andy Jassy said, Amazon’s excellent, in the statement.
Despite strong earnings, the exhorts of Amazon for the current quarter fell briefly from expectations.
The company has designed net sale in the first quarter of 151.0 billion dollars, and 155.5 billion dollars, below 158.6 billion analysts predicted, in accordance with Factsset (FDS+ 0.43%). Amazon also stated the influence of a currency of $ 2.1 billion and $ 1.5 billion sales from LEAP Day last year.
In the fourth quarter, Amazon reported that the income for calculation in a cloud of 28.8 billion dollars, which is 19% compared to a year.
Out of earnings, Amazon is the movement of challenges, including potential tariffs in Chinese imports. As they rived like Topic and hexagon It could be affected by Amazon’s strong American infrastructure, fast delivery and fewer questions related to tariffs. To compete with fast giants, Amazon has launched a low-budget platform for transport in November 2024.
Despite the fighting with physical shops, Amazon’s The delivery network succeedsInstallation of new speeds 2024. years, with nine billion items that arrive at the same way or the next morning globally. Members of the Prime Minister saved about $ 95 billion for shipping last year, the Amazon cites.
2025-02-06 21:34:00