The Traderszone Network

Published in TZ Latest News 2 February, 2017 by The TZ Newswire Staff

Amazon.com Inc. Revenue And Outlook Miss Estimates, Shares Fall

Amazon.com, Inc. (NASDAQ:AMZN) late Thursday posted mixed fourth quarter earnings and offered a tepid outlook for the first quarter, sending its shares lower in aftermarket trading.

The Seattle-based retail superpower reported Q4 EPS of $1.54, which was $0.12 better than the Wall Street consensus of $1.42. Revenues rose 22.4% from last year to $43.74 billion, missing analysts’ $44.69 billion view, however.

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