Investing.com - Amazon.com (NASDAQ:AMZN) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Amazon.com announced earnings per share of $6.12 on revenue of $110.8B. Analysts polled by Investing.com anticipated EPS of $8.91 on revenue of $111.62B.
Amazon.com shares are up 5% from the beginning of the year and are trading at $3,448.22 , down-from-52-week-high.They are under-performing the S&P 500 which is up 22.37% from the start of the year.
Amazon.com follows other major Services sector earnings this month
Amazon.com's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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