Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.
Amazon shares slid more than 3% in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period.
Here's how the company did, compared with estimates from analysts polled by LSEG:
Earnings per share: $1.68 vs. $1.33 estimated
$1.68 vs. $1.33 estimated Revenue: $167.7 billion vs. $162.09 billion estimated
Wall Street is also looking at other key revenue numbers:
Amazon Web Services: $30.87 billion vs. $30.8 billion estimated, according to StreetAccount
$30.87 billion vs. $30.8 billion estimated, according to StreetAccount Advertising: $15.7 billion vs. $14.9 billion estimated, according to StreetAccount
Amazon's second-quarter sales grew 13% year over year to $167.7 billion, an acceleration from a year ago, when revenue expanded 10%.
For the current quarter, Amazon said it expects operating income to land between $15.5 billion and $20.5 billion. Analysts were looking for $19.48 billion, according to StreetAccount.
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