Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
Amazon Stock Surges on Rosy Earnings Report – Stock Price Rises Over 14%

Amazon Stock Surges on Rosy Earnings Report – Stock Price Rises Over 14%

Thomas Westwater,
What's on this page

Amazon, AMZN, Earnings, Nasdaq, Supply Chain - Talking Points

  • Amazon stock rises in after-hours trading as investors react to Q4 earnings results
  • The e-commerce giant posted record revenues of $137.4 billion, pushing earnings per share to $27.75
  • Operating income rises to $3.05 bn vs $2.43 bn expected; Prime prices set to increase
The Fundamentals of Trend Trading
The Fundamentals of Trend Trading
Recommended by Thomas Westwater
The Fundamentals of Trend Trading
Get My Guide, Inc. reported fourth-quarter corporate earnings results this afternoon, posting record sales despite rising costs, sending the share price surging in after-hours trading. Amazon’s stock price rose more than 14% in its initial reaction. The E-commerce and Cloud juggernaut took a beating before the closing bell due to a broad-risk off move, triggered by Facebook’s earnings results on Wednesday.

The superb revenues reflected a robust holiday shopping season, pushing revenue up to $137.4 billion. Earnings per share (EPS) came across at an impressive $27.75, well above $14.09 during Q4’2020, and above the expected $3.77, on a GAAP basis. That beat was driven by an $11.8 billion gain on electric vehicle maker Rivian, which Amazon acquired a stake in recently. The company previously said it would aim to reduce costs in 2022, a challenging task in the current market conditions, but a higher monthly and yearly service charge for Amazon Prime customers is appeasing investors.

Amazon Web Services were up 40% on a year-over-year basis at $17.8 billion in net sales for the segment. The company’s financial statements showed net sales in North America separated from overseas markets for the first time, with $82.4 billion in US sales vs $37.3 billion internationally. Moreover, advertising revenue gained its own spot as a line item, suggesting executives expect to see growth in the space. The rosy move, should it continue on Friday, is likely to drag technology stocks higher. Although the morning US non-farm payrolls report may take precedence.


- Sees Q1 net sales at $112.0 bn to $117.0 bm vs expected $120.51 bn

- Sees Q1 operating income at $3.0 bn to $ 6.0 bn vs expected $6.06 bn

- Amazon monthly fee will rise to $14.99 from $12.99

Amazon ($AMZN) - 3-Minute Chart

amazon earnings chart

Chart created with TradingView

The Fundamentals of Breakout Trading
The Fundamentals of Breakout Trading
Recommended by Thomas Westwater
The Fundamentals of Breakout Trading
Get My Guide

--- Written by Thomas Westwater, Analyst for

To contact Thomas, use the comments section below or @FxWestwater on Twitter

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.