Amazon.com Inc. (AMZN) reported first quarter EPS of $0.23 after the bell Thursday, up from $0.18 last year. The consensus estimate was for EPS of $0.23. Sales increased 23 percent to $19.74 billion from $16.07 billion last year, while analysts expected $19.43 billion. The company expects to report second quarter revenues of $18.1 billion to $19.8 billion. Analysts expect sales of $19.03 billion.
Amazon.com gapped open sharply lower Friday and declined during the first half of the morning. The stock ended the session lower by 33.32 at $303.83, with volume at nearly a 3-month high. Amazon.com slipped to over a 6-month low.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.