The Briefing Room

General Category => Economy/Business => Topic started by: rangerrebew on July 28, 2017, 08:51:35 am

Title: Amazon misses Wall Street expectations by a mile
Post by: rangerrebew on July 28, 2017, 08:51:35 am
Amazon misses Wall Street expectations by a mile

    Troy Wolverton

 

Wall Street will likely want an explanation from Jeff Bezos about Amazon's big miss.


Amazon's second-quarter report fell well short of Wall Street's expectations.

The company's earnings missed analysts' forecasts by more than a dollar a share. It also offered a disappointing outlook for the third quarter.

http://www.businessinsider.com/amazon-q2-earnings-2017-7