Categories AlphaGraphs, Earnings, 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
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: Highlights of Halliburton’s (HAL) Q1 2024 earnings results
Energy giant Halliburton Company (NYSE: HAL) Tuesday announced financial results for the first quarter of 2024, reporting lower earnings and a modest increase in revenues. First-quarter revenue edged up 2%
UPS Earnings: United Parcel Service Q1 2024 revenue and earnings fall
United Parcel Service, Inc. (NYSE: UPS) Tuesday reported lower revenues and adjusted profit for the first quarter of 2024. The company reaffirmed its full-year 2024 guidance. On an adjusted basis,
Key highlights from Philip Morris’ (PM) Q1 2024 earnings results
Philip Morris International Inc. (NYSE: PM) reported first quarter 2024 earnings results today. Net revenues increased 9.7% year-over-year to $8.8 billion. Organic revenue growth was 11%. Net earnings attributable to
