|Amazon Earnings Results|
|Metric||Beat / Miss / Match||Reported value||Analyst forecast|
|EPS||Beat||$ 15.79||$ 9.56|
|revenue||Beat||$ 108.5 billion||$ 104.5 billion|
|Sales with Amazon Web Services (AWS)||Beat||$ 13.5 billion||$ 13.1B|
Source: Predictions based on consensus among Visible Alpha analysts
The central theses
- Amazon posted a sharp drop in earnings in the first quarter of 2021.
- Both total revenue and revenue from Amazon Web Services (AWS) exceeded analyst estimates.
- AWS growth remains a key driver of profitability, accounting for 12.4% of total revenue but 47.0% of total operating profit for the past quarter.
Amazon Financial Results (AMZN): Analysis
Amazon.com Inc. (AMZN) reported earnings in the first quarter of 2021 that far exceeded consensus estimate. Earnings per share (EPS) was $ 15.79. That’s 65.2% more than the $ 9.56 analyst forecast. Total Amazon revenue was $ 108.5 billion, 3.8% higher than analysts’ forecast of $ 104.5 billion...