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Heng8818
2022-02-04

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Amazon Stock Surges on Strong Q4 Results, Prime Membership Price Increase

Amazon shares were trading 14% higher after-hours following the company’s Q4 results, with EPS of $

Amazon Stock Surges on Strong Q4 Results, Prime Membership Price Increase

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Revenues grew 9% year-over-year to $...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19556585\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.streetinsider.com/dr/news.php?id=19556585","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208313868","content_text":"Amazon  shares were trading 14% higher after-hours following the company’s Q4 results, with EPS of $27.75 coming in better than the consensus estimate of $3.58. Revenues grew 9% year-over-year to $137.4 billion, almost in line with the consensus estimate of $137.56 billion.According to Andy Jassy, Amazon CEO, the company saw higher costs driven by labor supply shortages and inflationary pressures over the holidays, with these issues persisting into Q1 due to Omicron. 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