Company news: Amazon’s (AMZN) quarterly results beat analysts’ expectations

Amazon (AMZN) reported Q3 FY2024 earnings of $1.43 per share (versus $0.94 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.14 per share.

The company’s quarterly revenues amounted to $158.877 bln (+11.0% y/y), beating analysts’ consensus estimate of $157.275 bln.

The company also issued in-line revenue guidance for Q4 FY2024 of $181.50-188.50 bln versus analysts’ consensus estimate of $186.29 bln.

AMZN rose to $199.08 (+6.80%) in pre-market trading.