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<Results>Amazon Latest Earnings Forecast Downbeat; Shrs Slip 3% After Hrs
Amazon (AMZN.US) logged the 2Q EPS of US$1.68, surpassing the expected US$1.33. Revenue growth accelerated, up 13% YoY to US$167.7 billion, exceeding the anticipated US$162.1 billi...
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<Results>Amazon Latest Earnings Forecast Downbeat; Shrs Slip 3% After Hrs
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Amazon (AMZN.US)      logged the 2Q EPS of US$1.68, surpassing the expected US$1.33. Revenue growth accelerated, up 13% YoY to US$167.7 billion, exceeding the anticipated US$162.1 billion. However, the company's earnings guidance was dismal, leading to a 3% slump in Amazon's stock price after hours.

Although Amazon's 2Q results were better than expected, its profit guidance was pessimistic. The company expected a 3Q operating profit to be between US$15.5 billion and US$20.5 billion, while the market expected US$19.5 billion.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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