Amazon.com Jumps on Forecast of Narrower Loss

 

Amazon.com (AMZN Quote) was up 25.5% in preopen Island trading after announcing that first-quarter revenue will exceed $695 million and its loss will be 22 cents per share. Both figures are better than analysts' estimates. The Thomson Financial/First Call forecast calls for revenue of $669.6 million and a loss of 30 cents.

The online retailer credited strong growth in sales of electronics.
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services