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  • Amazon (AMZN) Q3 Earnings and Revenues Lag Estimates

    10/27/2022 2:30:01 PM PDT · by ConservativeInPA · 29 replies
    Zacks Equity Research ^ | October 27, 2022 | Zacks Equity Research
    Amazon (AMZN - Free Report) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this online retailer would post earnings of $0.15 per share when it actually produced earnings of $0.10, delivering a surprise of -33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.