Amazon after hours report
There were a couple of misses in the report that had a negative impact on the share price in the after hours market.
EPS (GAAP) of 40 cents a share. Wall Street were expecting $1.42 a share according to bloomberg, this is due to the fact that amazon is very invest heavy.
Revenue was $38 billion, this is up from an expected $37.2 billion.
Guidance for the next quarter is between $39 and $41.75 billion. And a huge swing of an operating profit between a loss of $400 million and a gain of £300 million.
Currently at $1013.85