Amazon shares jumped over 10% in after-hours trading on Thursday after the company reported third-quarter results that exceeded Wall Street expectations. The company posted adjusted earnings of $1.95 per share for the quarter ended in September, marking a 33% increase from the previous year and beating the $1.57 consensus estimate from analysts polled by FactSet.<\/p>\n\n\n\n
Revenue rose 13% year-over-year to $180.2 billion, ahead of forecasts calling for $177.91 billion. The upside was driven largely by renewed growth in Amazon Web Services (AWS), the company’s high-margin cloud business.<\/p>\n\n\n\n
AWS sales climbed 20% to $33 billion, exceeding analyst projections of $32.4 billion and surpassing expectations for 18.1% growth. This marked the fastest pace since 2022 and helped ease concerns that Amazon might be losing cloud market share to Microsoft and Alphabet amid a wave of AI-driven infrastructure demand.<\/p>\n\n\n\n
\u201cWe continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business,\u201d said CEO Andy Jassy. \u201cAWS is growing at a pace we haven’t seen since 2022. We\u2019ve been focused on accelerating capacity \u2013 adding more than 3.8 gigawatts in the past 12 months.\u201d<\/p>\n\n\n\n
For the upcoming December quarter, Amazon guided for revenue of $209.5 billion at the midpoint, slightly above analyst expectations of $208.41 billion. It also projected operating income of $23.5 billion, near consensus estimates.<\/p>\n\n\n\n
Despite Thursday\u2019s gains, Amazon shares had underperformed for much of 2025, rising just 2.2% year-to-date before the report, compared to a 16% gain in the S&P 500. Prior to earnings, the stock was forming a cup base with a buy point of $238.85, according to IBD MarketSurge. After the earnings release, shares climbed to $246.71 in extended trading.<\/p>\n\n\n\n
Amazon currently holds an IBD Composite Rating of 89 out of 99, signaling strong but not top-tier performance based on a blend of growth metrics.<\/p>\n","protected":false},"excerpt":{"rendered":"
Third-quarter earnings and sales beat forecasts Amazon shares jumped over 10% in after-hours trading on Thursday after the company reported third-quarter results that exceeded Wall Street expectations. The company posted adjusted earnings of $1.95 per share for the quarter ended in September, marking a 33% increase from the previous year and beating the $1.57 consensus […]<\/p>\n","protected":false},"author":10772,"featured_media":12872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[3197],"class_list":{"0":"post-12871","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance","8":"tag-hns"},"_links":{"self":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/12871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/users\/10772"}],"replies":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12871"}],"version-history":[{"count":1,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/12871\/revisions"}],"predecessor-version":[{"id":12873,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/posts\/12871\/revisions\/12873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=\/wp\/v2\/media\/12872"}],"wp:attachment":[{"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetimesfinancial.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}