Breaking: Amazon Stock Price and Forecast Q3 results mixed EPS beats but revenue misses, shares drop

Amazon (AMZN) released Q3 results after the close on Thursday. Earnings Per Share (EPS) came in at $15.12 beating the average estimate from Wall Street analysts of $12.22.

Revenue came in at $113.08 billion, missing the estimate for $115.07 billion.

Amazon sees Q3 sales of $106 to $112 billion verssu the $118.6 billion estiamte.

Amazon stock forecast

Amazon shares are falling in Thursdays post-market trading. Currently, AMZN is trading at $3425 down 4.85%