Amazon Forecasts Sales That May Beat Estimates

Amazon Forecasts Sales That May Beat Estimates

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Interactive Video

Business

University

Hard

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The video discusses Amazon's financial performance, highlighting a significant increase in earnings per share from $0.19 to $1.12 compared to the previous year. It also covers the company's net sales for the second quarter, which reached $30.4 billion, surpassing analyst expectations of $29.5 billion. The sales outlook for the upcoming period is projected to be between $31 and $33.5 billion, with analysts expecting $31.6 billion, indicating a positive trend.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the anticipated sales figure that analysts were looking for?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for sales according to the text?

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