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Amazon Stock Pops 7% as Earnings Sprint by Expectations on Strong Holiday Shopping Season


Shares of Amazon (NASDAQ: AMZN) jumped 7.1% in Thursday's after-hours trading session, following the e-commerce and cloud computing leader's release of its fourth-quarter 2023 report.

The gain is attributable to the quarter's revenue and earnings easily exceeding Wall Street's estimates. Investors seemed to shrug off that revenue guidance for the first quarter of 2024 came in a little lighter than analysts had been expecting.

Below is an overview of Amazon's Q4 2023 results and its guidance, centered around five key metrics.

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Source Fool.com

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