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Amazon: Q2 Earnings Snapshot
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SEATTLE (AP) — SEATTLE (AP) — Amazon.com Inc. (AMZN) on Thursday reported second-quarter net income of $62.65 billion.

The Seattle-based company said it had net income of $5.75 per share. Earnings, adjusted for non-recurring gains, came to $1.88 per share.

The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share.

The online retailer posted revenue of $200.61 billion in the period, which also beat Street forecasts. Twelve analysts surveyed by Zacks expected $197.11 billion.

For the current quarter ending in September, Amazon said it expects revenue in the range of $197 billion to $202 billion.

Amazon shares have climbed slightly more than 2% since the beginning of the year, while the S&P's 500 index has climbed almost 9%. In the final minutes of trading on Thursday, shares hit $236.13, a climb of roughly 3% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMZN at https://www.zacks.com/ap/AMZN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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