Investing.com - Amazon.com (NASDAQ:AMZN) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $6.04 on revenue of $72.38B. Analysts polled by Investing.com anticipated EPS of $5.64 on revenue of $71.87B. That compared to EPS of $3.27 on revenue of $60.45B in the same period a year earlier. The company had reported EPS of $5.75 on revenue of $56.58B in the previous quarter.
Amazon.com shares lost 1.60% to trade at $1,691.15 in after-hours trade following the report.
Amazon.com shares lost 1.60% to trade at $1,691.15 in after-hours trade following the report.
For the year, Amazon.com shares are up 14.43%, outperforming the Nasdaq which is up 11.91% year to date.
Amazon.com follows other major Services sector earnings this month
On Wednesday, Visa reported first quarter EPS of $1.3 on revenue of $5.51B, compared to forecasts of EPS of $1.25 on revenue of $5.41B.
Verizon earnings beat analyst's expectations on Tuesday, with fourth quarter EPS of $1.12 on revenue of $34.28B. Investing.com analysts expected EPS of $1.09 on revenue of $34.45B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar