Amazon reports better-than-expected earnings despite tumult of Trump tariffs
Briefly

Amazon's Q1 2025 earnings report highlighted impressive figures, including $1.59 EPS and $155.67 billion in revenue, outpacing analysts' expectations. Notably, the advertising sector demonstrated robust growth at 19%. Amidst favorable reported earnings trends, shares dropped in after-hours trading due to concerns about consumer resilience in light of Trump's tariffs on Chinese imports. With approximately 50% of products sold on Amazon facing significant tariff implications, analysts predict consumer spending may decline, putting pressure on the company and the broader tech industry amid economic contraction signals.
Amazon's substantial earnings of $1.59 EPS and $155.67bn revenue exceed analyst predictions, but shares declined in after-hours trading amid tariff-related consumer concerns.
Despite delivering impressive results with a 19% growth in its advertising business, Amazon's shares fell as fears loom over consumers' purchasing power under Trump's tariffs.
The first quarter earnings report highlights the precarious position for Amazon amidst a 17% stock drop this year, attributed to potential consumer pushback due to tariffs.
With over 50% of Amazon's products potentially subject to steep tariffs, analysts warn that consumers may face tough choices impacting their spending habits.
Read at www.theguardian.com
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