SEATTLE (AP) — SEATTLE (AP) — Amazon.com Inc. (AMZN) on Thursday reported third-quarter net income of $20.69 billion.

On a per-share basis, the Seattle-based company said it had net income of $1.89.

The results fell short of Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.

The online retailer posted revenue of $201.94 billion in the period, also falling short of Street forecasts. Eleven analysts surveyed by Zacks expected $202.11 billion.

For the current quarter ending in December, Amazon said it expects revenue in the range of $240 billion to $247 billion.

Amazon shares have risen slightly more than 6% since the beginning of the year, while the S&P's 500 index has climbed 13%. In the final minutes of trading on Thursday, shares hit $245.42, a climb of nearly 7% 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