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Amazon.com Q3 Earnings, Net Sales Rise; Q4 Outlook Set
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Amazon.com Q3 Earnings, Net Sales Rise; Q4 Outlook Set
Nov 1, 2024 2:45 AM

04:15 PM EDT, 10/31/2024 (MT Newswires) -- Amazon.com ( AMZN ) reported Q3 earnings late Thursday of $1.43 per diluted share, up from $0.94 a year earlier.

Analysts surveyed by Capital IQ expected $1.14.

Net sales for the quarter ended Sept. 30 rose to $158.88 billion from $143.08 billion a year earlier.

Analysts surveyed by Capital IQ expected $157.28 billion.

The company expects Q4 net sales of $181.5 billion and $188.5 billion. Analysts surveyed by Capital IQ expect $186.26 billion. The company expects operating income for the quarter of $16 billion and $20 billion, up from $13.2 billion a year earlier.

Shares of Amazon.com ( AMZN ) were up more than 4% in after-hours trading.

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