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Amazon gives Wall Street mixed financial picture in earnings report

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E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarterAmazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report. The e-commerce company gave a cautious sales forecast for the current fourth quarter, which encompasses the critical holiday shopping period, after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations.

E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter

Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report.

The e-commerce company gave a cautious sales forecast for the current fourth quarter, which encompasses the critical holiday shopping period, after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations.

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Originally published by The Guardian Business Read original →