Amazon (AMZN) Misses Q3 EPS by $2.80, Guidance Misses
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
- Delta Air Lines (DAL) Raises Quarterly Dividend 14.7% to $0.2150; 1% Yield
- ICC sets July 24 vote on whether to remove chief prosecutor Karim Khan, WSJ reports
Amazon (AMZN) Stock Plunges on a Big EPS Miss and Weak Guidance, Analysts Lower PTs but Remain Positive on Accelerating AWS Sales Growth
October 29, 2021 4:54 AM EDTShares of Amazon (NASDAQ: AMZN) are down 4.8% in pre-open Friday after the company reported lower-than-expected Q3 results.
Amazon reported Q3 EPS of $6.12, which is much lower than the analyst estimate of $8.92. Revenue for the quarter came in at $110.8 billion versus the consensus estimate of $111.6 billion.
Operating cash flow fell 1% while free cash flow decreased to $2.6 billion. AWS experienced an acceleration of 39% year over year.
In the first several months of COVID-19, Amazonians played an essential role to help people secure the requisite PPE, food, and other in-demand items needed, and we... More
Goldman Sachs Defending Amazon.com (AMZN), 'we see AMZN increasingly as a compelling'
October 28, 2021 4:48 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $4,250.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "We expect investors to have a muted reaction to Amazon's Q3 21 earnings report as key issues likely remain in terms of framing the overall online eCommerce environment and the costs needed to emphasize... More
