Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.
David Paul Morris | Bloomberg | Getty Images
Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped extended trading.
Here are the numbers:
- Earnings: $1.86 vs. $1.49 per share expected
- Revenue: $187.79 billion vs. $187.30 billion expected
Amazon said sales this quarter are expected to be between $151 billion and $155.5 billion. Analysts were expecting $158.5 billion, according to LSEG.
This is breaking news. Please check back for updates.
Read the original article here