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Benzinga
Benzinga
Business
Henry Khederian

Why Amazon Shares Are Rising

Amazon

Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher by 12.1% at $3,113.00 Friday morning after the company reported fourth-quarter earnings results.

Amazon.com reported Q4 adjusted EPS of $5.80, beating the $3.67 analyst consensus estimate. Amazon also reported sales of $137.40B, which did miss the analyst consensus estimate of $137.60 billion.

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