04:13 PM EDT, 08/01/2024 (MT Newswires) -- Amazon.com ( AMZN ) reported Q2 earnings late Thursday of $1.26 per diluted share, up from $0.65 a year earlier.

Analysts surveyed by Capital IQ expected $1.03.

Net sales in the quarter ended June 30 rose to $147.98 billion from $134.38 billion a year earlier.

Analysts surveyed by Capital IQ expected $148.76 billion.

The company expects Q3 net sales of $154 billion to $158.5 billion. Analysts surveyed by Capital IQ expect $158.33 billion. The company expects operating income for the quarter of $11.5 billion to $15 billion, up from $11.2 billion a year earlier.

Shares of the company fell 3.5% in after-hours activity.

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