Amazon Reports Its Best Quarterly Profit Ever, But Q4 Earnings Fall Short Of Expectations

by Matt Mcgee
Amazon shares are down more than 13 percent in after-hours trading thanks to a Q4 (i.e., the holiday quarter) earnings report that fell short of expectations. Sure, the e-commerce giant reported its best-ever quarterly profit of $35.7 billion, but that’s below the $35.98 billion that Wall Street was expecting. Analytics also forecast earnings-per-share (EPS) of $1.Read the full article