Amazon (AMZN) Misses Q2 EPS by 33c, Offers Guidance
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July 29, 2022 4:07 AM EDT
JPMorgan analyst Doug Anmuth raised the price target on Amazon.com (NASDAQ: AMZN) to $185.00 (from $175.00) while maintaining a Overweight rating.
The analyst comments "We reiterate our Overweight rating & AMZN remains our Top Pick. AMZNs 2Q results came in just ahead of the high end... More
July 28, 2022 4:20 PM EDT
Amazon (NASDAQ: AMZN) shares jumped over 10% in extended trading Thursday following its second-quarter earnings release.
The tech giant missed earnings expectations, posting a loss of -20 cents per share, 33 cents worse than the analyst estimate of 13 cents per share. However, revenue for the quarter increased 7% year-over-year to $121.2 billion, topping the consensus estimate of $119.18... More
