Amazon Annihilates EPS Estimates, $5.07 vs $2.50
July 26, 2018 at 16:55 PM EDT
Amazon revealed its second quarter earnings results as the curtains closed on Thursday’s trading session, annihilating consensus estimates with a $5.07 earnings per share figure versus $2.50, but missed on revenue with $52.9 billion reported versus a consensus estimate of $53.41 billion. It...