Amazon’s Q2 top line falls short of estimates

Amazon released a sustainability report for 2020.

Amazon.com Inc. fell short of median revenue estimates in the second quarter as more Americans got vaccinated, returned to stores and generally spent less time shopping on their devices.

The world’s largest e-tailer reported diluted earnings per share of $15.12, handily beating the median estimate of $12.22, the company said late Thursday.

However, Amazon (NASDAQ:AMZN) reported revenue of $113.08 billion, slightly below the estimate of $115.07 billion. The year-over-year growth rate, which had...

https://www.freightwaves.com/news/amazons-q2-top-line-falls-short-of-estimates

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