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Amazon issues disappointing guidance even as earnings top estimates

Amazon issues disappointing guidance even as earnings top estimates

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Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.

David Paul Morris | Bloomberg | Getty Images

Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock fell as much as 2% in extended trading.

Here are the numbers:

  • Earnings: $1.86 vs. $1.49 per share expected
  • Revenue: $187.79 billion vs. $187.30 billion expected

This is breaking news. Please check back for updates.

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