Investing.com - Amazon.com (NASDAQ:AMZN) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Amazon.com announced earnings per share of $-0.2 on revenue of $121.23B. Analysts polled by Investing.com anticipated EPS of $0.1279 on revenue of $119.18B.
Amazon.com shares are down 21% from the beginning of the year and are trading at $137.75 , down-from-52-week-high.They are under-performing the S&P 500 which is down 14.56% from the start of the year.
Amazon.com shares gained 12.65% in after-hours trade the report.
Amazon.com follows other major Consumer Discretionary sector earnings this month
Amazon.com's report follows an earnings beat by Tesla on July 20, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.81 on revenue of $16.54B.
Louis Vuitton ADR had beat expectations on Tuesday with second quarter EPS of $2.63 on revenue of $18.95B, compared to forecast for EPS of $2.59 on revenue of $18.36B.
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