Categories AlphaGraphs, Retail, Technology

AMZN Earnings: All you need to know about Amazon’s Q4 2021 earnings results

Amazon.com, Inc. (NASDAQ: AMZN) reported its fourth quarter 2021 earnings results today.

Net sales increased 9% year-over-year to $137.4 billion. Analysts had estimated sales of $137.5 billion.

Net income increased to $14.3 billion, or $27.75 per share, from $7.2 billion, or $14.09 per share, in the same period last year. The growth was driven by a pre-tax valuation gain of $11.8 billion from its investment in Rivian Automotive.

For the first quarter of 2022, net sales are expected to range between $112-117 billion, reflecting a growth of 3-8% year-over-year.

The stock jumped 17% in after-market hours following the earnings announcement.

Prior performance

Amazon (AMZN) reports Q3 2021 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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