Amazon (AMZN) Surpasses Q1 Earnings and Revenue Estimates

Core Insights - Amazon reported quarterly earnings of $1.59 per share, exceeding the Zacks Consensus Estimate of $1.35 per share, and showing an increase from $1.13 per share a year ago, representing an earnings surprise of 17.78% [1] - The company generated revenues of $155.67 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.72% and up from $143.31 billion year-over-year [2] - Amazon has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Performance - The earnings surprise for the previous quarter was 22.37%, with actual earnings of $1.86 per share compared to an expected $1.52 per share [1] - The current consensus EPS estimate for the upcoming quarter is $1.33, with projected revenues of $160.46 billion, and for the current fiscal year, the EPS estimate is $6.13 on revenues of $690.33 billion [7] Stock Performance and Outlook - Amazon shares have declined approximately 15.9% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The company's Zacks Rank is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Commerce industry, to which Amazon belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]