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Amazon.com Inc. Profit Climbs 219% In Q3, 2016
Amazon.com Inc. ( AMZN ) revealed earnings for its third quarter that climbed compared to the same period last year.
The company said its bottom line totaled $252 million, or $0.52 per share. This was up from $79 million, or $0.17 per share, in last year's third quarter.
Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Amazon.com Inc. earnings at a glance:
-Earnings (Q3): $252 Mln. vs. $79 Mln. last year.
-Earnings Growth (Y-o-Y): 219.0%
-EPS (Q3): $0.52 vs. $0.17 last year.
-EPS Growth (Y-o-Y): 205.9%
-Analysts Estimate: $0.78
-Revenue (Q3): $32.71 Bln vs. $25.36 Bln last year.
-Revenue Change (Y-o-Y): 29.0%
Next quarter revenue guidance: $42.0 – $45.5 Blnhttp://www.nasdaq.com/article/amazoncom-inc-profit-climbs-219-in-q3-20161027-01392
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