The stock is down $8.20 at $182.00, giving back the regular session's $5.78 and then some.
First up, the headliner from Barron's, May 1:
Amazon shares were falling in after-hours trading on Thursday, after the company reported better-than-expected earnings.
For the March quarter, the company reported earnings per share of $1.59, compared to Wall Street’s consensus estimate of $1.37, according to FactSet. Revenue came in at $155.7 billion, which was above analysts’ estimate of $155.2 billion. Amazon also gave a revenue forecast range for the current quarter of $159 billion to $164 billion—at the midpoint of the range, that’s roughly in line with the consensus of $161.2 billion.
Amazon Web Services revenue, however, was slightly disappointing. AWS sales came in at $29.3 billion versus the $29.4 billion estimate....
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And from Seattle's own, GeekWire, also May Day:
Amazon tops Q1 expectations with $17.1B profit, warns of tariff risks ahead
Amazon exceeded Wall Street’s revenue and profit expectations for the first quarter — but added a new warning about the potential future impact of tariff and trade policies on its future financial guidance....
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