Amazon Bests Wall Street Earnings Estimates as Ad Sales Rise 19% in Q3
Amazon reported its third-quarter 2024 earnings, revealing ad sales rose 19% year over year. Wall Street forecast earnings per share (EPS) of $1.14 on $157.2 billion in revenue, according to analyst consensus data provided by LSEG, formerly Refinitiv. Amazon reported diluted EPS of $1.43 on $158.9 billion in revenue. Analyst had expected $14.25 billion in […]