Amazon Stock Pops 6% on Powerful Earnings Growth: 6 Key Metrics Investors Should See

Shares of Amazon (NASDAQ: AMZN) jumped 6% in Thursday's after-hours trading, following the e-commerce and cloud computing leader's release of its third-quarter 2024 report. The stock's gain is attributable to the quarter's revenue and earnings exceeding Wall Street's estimates, with the bottom-line beat particularly impressive.Investors seemed to shrug off that fourth-quarter revenue guidance was a little lighter than analysts had been expecting. This makes sense as it's likely that management was conservative in setting its outlook since it's challenging to forecast consumer spending during the big holiday season. Moreover, there's more potential volatility surrounding spending this holiday quarter than usual due to the upcoming presidential election.Below is an overview of Amazon's Q3 2024 results and its guidance, centered around six key metrics.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool