Company Earnings Update 3 minutesRegister for Free AccessAmazon (AMZN) 2Q18 Results: Falls Short on Revenues but Beats on EPS Coresight Research July 31, 2018 Executive Summary Amazon reported 2Q18 EPS of $5.07, handily beating the $2.49 consensus estimate and up 1,166% year over year. Revenues were $52.9 billion, up 39.3% year over year but short of the consensus estimate of $53.45 billion. The Amazon Web Services (AWS) and North America segments drove growth, up 48.9% and 43.8% year over year, respectively. International revenues grew by 27.2%. Fulfillment expenses were $7.9 billion, up 53.8% year over year and exceeding revenue growth of 39.3% over the same period. Amazon guided for 3Q18 revenues of $54.0–$57.5 billion, up 23%–31%. The EPS consensus estimate for 3Q18 is $2.49. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Grocery—Retail 2024 Sector Outlook: Growth To Soften Amid Declining InflationNextGen Commerce—Event Insights: Revolutionizing Retail Through AIChina’s 6.18 Shopping Festival 2024: Sales Model Shifts, Low-Price Strategies, New Brands and LivestreamingHoliday 2023: US Retail Wrap-Up—Strong Performance in E-Commerce and Clothing Sectors Drives Growth