Amazon Q2 2019 Profit: AWS, Advertising, Retail, Premium



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The company reported earnings per share of $ 5.22 for the period. This was up from last year, but below the $ 5.56 expected by badysts.

The company's revenue for the period – $ 63.4 billion – however, exceeded Wall Street's estimates.

Investors sold the shares on the news. In recent after-hours transactions, the company's share price was down $ 36.82 or about 2% to $ 1,937.

Here's what the company reported and how it compares to the badysts' forecasts and the company's results a year ago:

Shares of Amazon closed their regular trading down $ 26.99, or 1.4%, to $ 1,973.82. However, by the end of the session, the stock was still up more than 4% since its last earnings report in April.

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