Amazon earnings beat expectations with strong cloud growth
u/Puginator ·
Reddit — r/stocks
· April 29, 2026 at 20:14
· ⬆ 23 pts
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Amazon posted better-than-expected earnings and revenue for the first quarter on Wednesday.
Here’s how the company did, compared with estimates from analysts polled by LSEG:
* **Earnings per share:** $2.78 vs. $1.64
* **Revenue:** $181.52 vs. $177.30 billion
Wall Street was also looking at other key revenue numbers:
* **Amazon Web Services:** $37.59 billion vs. $36.64 billion, according to StreetAccount
* **Advertising:** $17.24 billion vs. $16.87 billion, according to StreetAccount
Source: [https://www.cnbc.com/2026/04/29/amazon-amzn-q1-earnings-report-2026.html](https://www.cnbc.com/2026/04/29/amazon-amzn-q1-earnings-report-2026.html)