Why Amazon (AMZN) Stock Is Sliding Even After a Strong AWS Quarter
Photo: CoinCentral
TLDR Amazon (AMZN) missed Q3 estimates, with EPS of $1.89 versus $1.97 expected and sales of $201.9 billion. The stock fell 4% on Thursday and was down about 7% in Friday premarket trading near $227.56. AWS revenue rose 39% to $46 billion, beating estimates, and Amazon sees growth “north of 40%” in 2027 and 2028. Q4 operating income guidance of $31 billion at the midpoint came in below the $33.2 billion analysts wanted. Advertising growth slowed to 12% from 26% the prior quarter, and free cash flow was negative for a third straight quarter.
Source: CoinCentral
