Amazon Booms Following Q3 Earnings Report

Alexangel Ventura
Oct 31, 2024
1 min read

Amazon surged during the after hours Thursday following good news from its earnings report.

The e-commerce company surged by 5% alone just in the after hours of trading in the stock market, and is expected to continue surging into Friday morning.

The company reported much better revenues than Q2, while also showing higher earnings per share. Amazon has made it clear that Q4 will be even more promising, with their revenue estimates beating those of their critics.

Amazon also had an 11% operating margin, a substantial increase from the over 9.3% it has in Q2.

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Amazon Booms Following Q3 Earnings Report

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