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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Why Amazon Stock Was Taking a Dive Today. Jeremy Bowman, The Motley Fool. August 2, 2024 at 11:15 AM. ... Earnings per share also jumped from $0.65 to $1.26, beating estimates at $1.03.
July 13, 2024 at 5:45 AM. Shares in Amazon (NASDAQ: AMZN) hit a new all-time high last week, rising to $200 per share. The rally came as multiple tech companies similarly achieved new highs ...
Because of the slightly good news, Amazon shares increased 11% in late trading on Thursday. It’s important to note that online store sales fell 4.3% to $50.89 billion.
Amazon stock plunged to a two-year low as shares slid as much as 12% on Friday morning after the company reported its first-quarter results yesterday. The company reported a loss of $3.84 billion ...
Amazon also reported net income of $3.2 billion in the period, or $6.12 per share. Analysts had expected the company to post revenues of $111.6 billion, and per-share earnings of $8.92.
In the second quarter of 2021, Amazon beat the consensus estimate for earnings per share by reporting $15.12 compared to the consensus estimate of $12.30, CNBC reported.
The average Wall Street consensus for 2024 EPS is $4.55, which represents a 57% increase year over year. Amazon has frequently beaten Wall Street's expectations, and if it comes through this year ...