Company Of The Day: Amazon

by Trefis Team
+25.37%
Upside
3320
Market
4163
Trefis
AMZN
Amazon
Rate   |   votes   |   Share

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?

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

Rate   |   votes   |   Share

Comments

Name (Required)
Email (Required, but never displayed)
Be the first to comment!