Amazon.com, Inc. (NASDAQ:AMZN) issued its earnings results on Thursday. The e-commerce giant reported $10.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.74 by $8.56, MarketWatch Earnings reports. The company had revenue of $88.91 billion for the quarter, compared to analysts’ expectations of $81.56 billion. Amazon.com had a net margin of 4.10% and a return on equity of 21.51%. Amazon.com updated its Q3 2020
After-Hours guidance to EPS.
Shares of AMZN opened at $3,164.68 on Friday. The firm has a market cap of $1,522.20 billion, a PE ratio of 121.67, a PEG ratio of 5.62 and a beta of 1.32. The firm’s 50 day moving average price is $2,884.55 and its 200 day moving average price is $2,314.52. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.84 and a current ratio of 1.08. Amazon.com, Inc. has a twelve month low of $1,626.03 and a twelve month high of $3,344.29.
In related news, CEO Andrew R. Jassy sold 6,945 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $2,256.50, for a total transaction of $15,671,392.50. Following the transaction, the chief executive officer now owns 93,105 shares of the company’s stock, valued at $210,091,432.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Indra K. Nooyi acquired 27 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of $2,806.80 per share, for a total transaction of $75,783.60. Following the transaction, the director now owns 707 shares of the company’s stock, valued at approximately $1,984,407.60. The disclosure for this purchase can be found here. 16.10% of the stock is currently owned by company insiders.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.
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