Thursday, April 28, 2016

Amazon just posted a huge earnings beat and the stock is soaring

amazon Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. Here’s the scorecard: The company reported earnings of $1.07 per share, ahead of 58 cents per share that were expected. The company posted a net loss of 12 cents per share in Q1 2015. Revenue… Read More

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