Amazon(US:AMZN) 智通财经网·2025-05-01 23:18Core Viewpoint - Amazon's latest earnings report exceeded market expectations, but investor reaction was negative, with shares dropping by up to 5% in after-hours trading [1]. Financial Performance - For Q1 2025, Amazon reported earnings per share of $1.59, surpassing Wall Street's expectation of $1.37 [1]. - Revenue for the quarter was $155.7 billion, slightly above the analyst estimate of $155.2 billion [1]. - The revenue guidance for the upcoming quarter is set between $159 billion and $164 billion, with the midpoint aligning closely with market expectations of $161.2 billion [1]. Cloud Business Performance - Amazon Web Services (AWS) reported revenue of $29.3 billion, which fell short of the market expectation of $29.4 billion, marking the only segment that did not meet projections in the earnings report [1]. Analyst Insights - UBS analyst Stephen Ju maintained a "buy" rating on Amazon's stock but lowered the target price from $272 to $253, citing uncertainty from tariff policies as a significant risk [1]. - Approximately half of the goods in the U.S. rely on imports, and recent tariff announcements have created cost pressures for multinational companies [1]. Market Reaction - As of Thursday's close, Amazon's stock has declined by 13% year-to-date, reflecting investor concerns over profit growth sustainability, AWS slowdown, and macroeconomic uncertainties [2].