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AMZN slowest growth since 2001 EPS far below analyst predictions
Amazon.com
Short
AMZN slowest growth since 2001 EPS far below analyst predictions
By TopgOptions
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Apr 29, 2022
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Apr 29, 2022
If you haven`t bought this bounce:
then you should know that AMZN revenues rose 7% in the first Q of the year to 116.4bn, slowest growth in two decades!
Earnings per share (EPS) were -$7.56 vs $8.55 analyst predictions, first quarter it has posted a net loss in at least four years.
My price target is now the $2400 support, with a possible bounce by the end of the year due to the stock split enthusiasm.
Looking forward to read your opinion about it.
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