Investing.com - Amazon.com (NASDAQ:AMZN) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Amazon.com announced earnings per share of $14.09 on revenue of $125.6B. Analysts polled by Investing.com anticipated EPS of $7.16 on revenue of $119.68B.
Amazon.com shares are up 3% from the beginning of the year and are trading at $3,420.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.83% from the start of the year.
Amazon.com shares gained 1.10% in after-hours trade after the report.
Amazon.com follows other major Services sector earnings this month
Amazon.com's report follows an earnings beat by Alibaba ADR on Tuesday, who reported EPS of $22.03 on revenue of $221.08B, compared to forecasts EPS of $20.59 on revenue of $214.17B.
Visa A had beat expectations on Thursday with first quarter EPS of $1.42 on revenue of $5.69B, compared to forecast for EPS of $1.28 on revenue of $5.52B.
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