Andy Jassy, CEO of Amazon, arrives astatine The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference successful Sun Valley, Idaho, U.S., July 8, 2025.
Brendan McDermid | Reuters
Amazon shares jumped much than 10% successful extended trading Thursday aft the institution posted third-quarter net that exceeded expectations, on with beardown maturation successful its cloud-computing unit.
Here's however the institution did, compared with estimates from analysts polled by LSEG:
- Earnings per share: $1.95 vs. $1.57 estimated
- Revenue: $180.17 cardinal vs. $177.8 cardinal estimated
Wall Street is besides looking astatine different cardinal gross numbers:
- Amazon Web Services: $33 cardinal vs. $32.42 cardinal expected, according to StreetAccount
- Advertising: $17.7 cardinal vs. $17.34 cardinal expected, according to StreetAccount
Revenue successful Amazon's unreality unit accelerated 20.2% during the quarter, blowing past analysts' expectations of 18.1%. Cloud maturation has been a cardinal country of interest for the company, arsenic it faces intensifying unit from rivals Google and Microsoft, who person posted higher maturation rates than Amazon.
This is breaking news. Please cheque backmost for updates.
Amazon year-to-date banal chart.
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