Amazon reports soft guidance after Q1 results beat

Investing.com

05-02

Investing.com - Amazon reported softer guidance for the current-quarter Thursday offsetting better-than-expected Q1 results despite underwhelming growth in its key cloud computing segment.

Amazon.com Inc (NASDAQ:AMZN) fell about 3% in afterhours trading following the report.

For the three months ended on March 31, Amazon reported earnings per share of $1.59 on revenue of $155.67 billion. Analysts polled by Investing.com anticipated per-share income of $1.37 and sales of $155.29B.

The beat was driven by jump in operating income to $18.4B in Q1 from $15.3B in the prior-quarter, underpinned by strong growth in North America and its key cloud segment.

Amazon Web Services, its cloud business segment, grew revenue 17% to $29.3B, in-line with estimates.

Amazon forecast second-quarter operating income of between $13.0B and $17.5B, missing estimates of $17.82, while sales was guided in a range of $159.0B and $164.0B, topping expectations for $161.06B.

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Amgen beats Q1 expectations, issues solid full-year outlook

TSX closes in the red ahead of Apple and Amazon earnings

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Analysts polled by Investing.com anticipated per-share income of $1.37 and sales of $155.29B.</p>\n<p>The beat was driven by jump in operating income to $18.4B in Q1 from $15.3B in the prior-quarter, underpinned by strong growth in North America and its key cloud segment.   </p>\n<p>Amazon Web Services, its cloud business segment, grew revenue 17% to $29.3B, in-line with estimates. </p>\n<p>Amazon forecast second-quarter operating income of between $13.0B and $17.5B, missing estimates of  $17.82, while sales was guided in a range of $159.0B and $164.0B, topping expectations for $161.06B.</p>\n<p>Related articles</p>\n<p>Amazon reports soft guidance after Q1 results beat</p>\n<p>Amgen beats Q1 expectations, issues solid full-year outlook</p>\n<p>TSX closes in the red ahead of Apple and Amazon earnings</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/amazon-reports-soft-guidance-q1-204537847.html\">Investing.com</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B1XK9C88.USD","symbol_name":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/amazon-reports-soft-guidance-q1-204537847.html","article_id":"2532323836","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532323836","pubTimestamp":1746132337,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com - Amazon reported softer guidance for the current-quarter Thursday offsetting better-than-expected Q1 results despite underwhelming growth in its key cloud computing segment.Amazon.com Inc  fell about 3% in afterhours trading following the report.For the three months ended on March 31, Amazon reportedearnings per share of $1.59 on revenue of $155.67 billion. Analysts polled by Investing.com anticipated per-share income of $1.37 and sales of $155.29B.The beat was driven by jump in operatingincome to $18.4B in Q1 from $15.3B in the prior-quarter, underpinned by strong growth in North America and its key cloud segment.Amazon Web Services, its cloud business segment, grew revenue 17% to $29.3B, in-line with estimates.Amazon forecast second-quarter operating income of between $13.0B and $17.5B, missing estimates of $17.82, while sales was guided in a range of $159.0B and $164.0B, topping expectations for $161.06B.Amgen beats Q1 expectations, issues solid full-year outlook. 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