Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Investors in Amazon.com, Inc. (NASDAQ:AMZN) had a good week, as its shares rose 6.4% to close at US$185 following the release of its first-quarter results. It looks like a credible result overall - although revenues of US$143b were in line with what the analysts predicted, Amazon.com surprised by delivering a statutory profit of US$0.98 per share, a notable 18% above expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Amazon.com after the latest results.
See our latest analysis for Amazon.com
earnings-and-revenue-growth