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via finance.yahoo.comBusiness & Companies

Amazon misses quarterly EPS and revenue estimates, but AWS beats expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Amazon (AMZN) reported mixed results after the bell on Thursday, missing Wall Street's targets on earnings per share and revenue, but posting better-than-anticipated Q3 AWS revenue. Operating income topped the company's own estimates. Amazon stock fell more than 7% in premarket…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA mega-cap missing estimates with the stock sharply lower premarket weighs on the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Amazon reported EPS of $1.89 versus $1.97 expected, on revenue of $201.9 billion.
  2. 02AWS revenue rose 39% year over year to $46.0 billion.
  3. 03The stock fell more than 7% premarket but pared losses as the session went on.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Amazon.com, Inc.AMZNStock239.47 USD+0.47%today -1.77%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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