Amazon Reports Strong Q1 Earnings, But Q2 Guidance Causes Stock Drop

Reported 1 day ago

Amazon's first-quarter earnings surpassed expectations with an EPS of $1.59 and revenue of $155.7 billion. However, its Q2 guidance, projecting operating income between $13 billion and $17.5 billion—below analysts' predictions—led to a more than 4% decline in its stock. The company is also navigating political tensions regarding potential tariff impacts on pricing.

Source: YAHOO

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