Amazon.com Inc. Bottom Line Rises In Q1, Beats Estimates

(RTTNews) - Amazon.com Inc. (AMZN) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $17.127 billion, or $1.59 per share. This compares with $10.431 billion, or $0.98 per share, last year.

Analysts on average had expected the company to earn $1.37 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 8.6% to $155.667 billion from $143.313 billion last year.

Amazon.com Inc. earnings at a glance (GAAP) :

-Earnings: $17.127 Bln. vs. $10.431 Bln. last year. -EPS: $1.59 vs. $0.98 last year. -Revenue: $155.667 Bln vs. $143.313 Bln last year.

-Guidance: Next quarter revenue guidance: $159 - $164 Bln