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

Company exceeds expectations for third quarter in a row as chief executive Andy Jassy admits uncertainty over tariffsAmazon reported strong first-quarter earnings for the 2025 fiscal year on Thursday after the New York stock exchange closed – results that will be seen in the context of consumer resilience in the face of Donald Trump’s tariff wars.Amazon reported $1.59 in earnings-per-share (EPS) and revenue of $155.67bn. Analysts had estimated that the company’s EPS would come in at $1.36 on revenue of $155bn. In particular focus: Amazon’s advertising business, which grew 19% in the first quarter of 2025, handily exceeding analyst expectations as well. The company has exceeded Wall Street’s expectations for the previous two quarters. Continue reading...

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