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🩸BEARISH

Amazon Misses Q3 Revenue and EPS Estimates as AWS Beats

The split result puts attention on whether AWS strength can offset softer-than-expected performance across Amazon's overall business.

Amazon reported Q3 revenue of $201.9 billion and earnings of $1.89 per share, below estimates of $202.26 billion and $1.97. AWS sales beat expectations.

Why it matters

The results show a divide between Amazon's overall performance and its cloud business. Revenue and earnings both missed estimates, while AWS delivered a relative bright spot.

Market impact

The figures leave investors weighing the broad-based misses against AWS's stronger showing. The seed provides no further breakdown of the results or market reaction.

Frequently asked questions

  1. How did Amazon's Q3 revenue compare with estimates?

    Amazon reported $201.9 billion in revenue, below the $202.26 billion estimate.

  2. What earnings per share did Amazon report?

    Amazon reported Q3 earnings of $1.89 per share, below the $1.97 estimate.

  3. How did AWS perform against expectations?

    AWS sales beat expectations, in contrast with Amazon's overall revenue and earnings misses.

  4. What was the contrast in Amazon's Q3 results?

    Revenue and earnings fell short of estimates, while AWS sales exceeded expectations.

  5. Which parts of Amazon's Q3 results missed estimates?

    Amazon's reported revenue of $201.9 billion and earnings of $1.89 per share both missed estimates.

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 57m ago
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