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Benzinga
Benzinga
Business
Wayne Duggan

6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'

Amazon.com, Inc. (NASDAQ:AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate.

On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit. Second-quarter revenue was $121.2 billion, beating Wall Street expectations of $119.3 billion. Revenue was up 7% from a year ago.

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