Amazon shares are spiking after posting a huge earnings beat
April 28, 2016 at 16:09 PM EDT
Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. Here’s the scorecard: The company reported earnings of $1.07 per share, ahead of 58 cents per share that were expected Revenue was $29.13 billion, ahead of what $27.98 billion that analysts… Read More