Amazon Trades Lower Despite Topping Estimates for Third Quarter

Filed under: After the Bell, Earnings Reports, Products and Services, Apple Inc (AAPL), Amazon.com (AMZN), Market Matters, Technology

Shares of e-commerce giant Amazon.com, Inc. (AMZN) are trading lower in after hours trading despite posting better than expected earnings this afternoon for its fourth quarter.



Going into this afternoon's earnings release, analysts were expecting to see Amazon show earnings of 72 cents per share, on revenues of $9.04 billion in revenues.

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Amazon Trades Lower Despite Topping Estimates for Third Quarter originally appeared on BloggingStocks on Thu, 28 Jan 2010 18:00:00 EST. Please see our terms for use of feeds.

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