Amazon stock soars 10% as earnings beat estimates, company posts strong cloud growth
Amazon shares jumped more than 10% in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations, along with strong growth in its cloud-computing unit.Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $1.95 vs. $1.57 estimatedRevenue: $180.17 billion vs. $177.8 billion estimatedWall Street was also looking at other key revenue numbers:Amazon Web Services: $33 billion vs. $32.42 billion expected, accordin...
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