Amazon Delivers First-Quarter Results

Amazon shares soared after-hours trading following the company’s Q1 earnings report, which exceeded expectations in multiple areas. Key figures from the report, in comparison to Bloomberg analysts’ estimates, include:

Net sales: $127.36 billion (actual) vs. $124.7 billion (estimated)
EPS: 31 cents (actual) vs. 20 cents (estimated) 😲
Amazon Web Services (AWS) net sales: $21.35 billion (actual) vs. $21.03 billion (estimated)
Operating margin: 3.7% (actual) vs. 2.38% (estimated)
Q2 net sales guidance: $127-133 billion (actual) vs. $130.1 billion (estimated)

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