Company Of The Day: Amazon

+56.77%
Upside
116
Market
183
Trefis
AMZN: Amazon logo
AMZN
Amazon

What?

Amazon (NASDAQ:AMZN) posted a mixed set of Q2 2021 results, with revenue of $113.1 billion missing expectations, although EPS of $15.12 was stronger than expected. Revenue growth slowed to 27% year-over-year, down from about 44% in Q1. The company expects growth to cool further in Q3 to about 13.5%, based on the mid-point of guidance.

Why?

Relevant Articles
  1. Forecast Of The Day: Amazon’s International Revenue
  2. Amazon Stock Missed The Earnings Consensus In Q1, Is It A Buy?
  3. Will Amazon’s Stock Rise After Buyback And Stock Split Announcement?
  4. Company Of The Day: Amazon
  5. Forecast Of The Day: Amazon Web Services Revenue
  6. Forecast Of The Day: Amazon North America Revenues

The e-commerce tailwinds seen through the Covid-19 related lockdowns appear to be slowing, as consumers return to brick-and-mortar stores.

So What?

Amazon stock declined by over 7% in after-hours trading on Thursday, following the results.

See Our Complete Analysis For Amazon

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams