- Amazon exceeds the Wall Street profit consensus for the second quarter by 26%.
- Income arrives 5.6 billion dollars above estimates.
- AMZN actions fall 3.7% despite exceeding profits and increasing projection.
Amazon (AMZN) It initially fell 2.6% in operations after closing after impressive results of the second quarter. The largest online retailer. UU. And the largest provider of cloud services reported profits of action (EPS) of $ 1.68, which was 26% or $ 0.35 above the Wall Street consensus.
The revenues of 167,700 million dollars were also 5.6 billion dollars higher than the projection of the street.
Sales in North America increased 11% year -on -year, international sales earned 16% year -on -year, helped by exchange rates, and AWS segment sales shot 17.5% compared to the previous year.
Looking towards the third quarter, Amazon predicted that revenues will increase to an average point of 176,250 million dollars, well above the estimation of the street of 173.2 billion dollars. The projection of operational income for the third quarter was set at 18,000 million dollars, moving slightly from 17.4 billion dollars in the third quarter of 2024.
A weak point was the free cash flow, which remains at 18.2 billion dollars during the last 12 months. This compares unfavorably with the 53,000 million dollars seen in the 12 -month period previous.
“Our conviction that the AI will change each customer experience is beginning to materialize as we have expanded Alexa+ to millions of customers, we continue to see our purchasing agent used by many millions of customers, we launch models of AI as Deepfleet that optimize the productivity paths for our more than 1m of robots, we greatly facilitate to the software developers write code with kiro (our new agent) Strands to facilitate the construction of AI agents, and launched Bedrock Agentcore to allow agents to operate safely and scalable, “said CEO Andy Jassy in a statement.
AMZN Shares Daily Chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
