TopgOptions

AMZN slowest growth since 2001 EPS far below analyst predictions

Short
NASDAQ:AMZN   Amazon.com
If you haven`t bought this bounce:

then you should know that AMZN revenues rose 7% in the first Q of the year to $116.4bn, slowest growth in two decades!

Earnings per share (EPS) were -$7.56 vs $8.55 analyst predictions, first quarter it has posted a net loss in at least four years.

My price target is now the $2400 support, with a possible bounce by the end of the year due to the stock split enthusiasm.

Looking forward to read your opinion about it.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.