Monday, May 2, 2016

Amazon.com Inc. (AMZN) Jumped After Q1 Earnings Trounced Expectations

Amazon.com Inc. (AMZN) reported first quarter EPS of $1.07 after the bell Thursday, compared to the loss of $0.12 in the prior year period. Analysts expected EPS of $0.58. Sales jumped 28 percent to $29.13 billion from $22.72 billion a year ago. Analysts expected revenues of $27.98 billion.

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