Company news: Amazon’s (AMZN) quarterly revenues slightly miss analysts’ expectations

Amazon (AMZN) reported Q2 FY2024 earnings of $1.26 per share (versus $0.65 per share in Q2 FY2023), beating analysts’ consensus estimate of $1.03 per share.

The company’s quarterly revenues amounted to $147.977 bln (+10.1% y/y), slightly missing analysts’ consensus estimate of $148.665 bln.

The company also issued in-line guidance for Q3 FY2024, seeing revenues of $154.00-158.50 bln versus analysts’ consensus estimate of $158.22 bln.

AMZN fell to $168.40 (-8.51%) in pre-market trading.