Investing.com - Amazon.com (NASDAQ:AMZN) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Amazon.com announced earnings per share of $27.75 on revenue of $137.41B. Analysts polled by Investing.com anticipated EPS of $3.71 on revenue of $137.75B.
Amazon.com shares are down 16% from the beginning of the year and are trading at $3,125.15 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 11.15% from the start of the year.
Amazon.com shares gained 12.54% in after-hours trade the report.
Amazon.com follows other major Consumer Discretionary sector earnings this month
Amazon.com's report follows an earnings beat by Tesla on Wednesday, January 26, 2022, who reported EPS of $2.54 on revenue of $17.72B, compared to forecasts EPS of $2.36 on revenue of $17.13B.
Louis Vuitton ADR had matched expectations on Thursday, January 27, 2022 with fourth quarter EPS of $2.54 on revenue of $22.37B, compared to forecast for EPS of $2.54 on revenue of $20.27B.
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