Earnings

Amazon (AMZN) earnings Q1 2021

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Jeff Bezos, founder of Amazon

Katherine Taylor | Reuters

Amazon shares climbed more than 3% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue. 

Here’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:

  • Earnings: $15.79 per share vs. $9.54 per share expected
  • Revenue: $108.52 billion vs. $104.47 billion expected

Few companies have benefited from the pandemic-fueled surge of online shopping as much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with sales soaring 44% year over year to $108.5 billion.

Amazon’s…



Source cnbc.com

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