Amazon Q3 results miss expectations as online sales slow after pandemic surge

Amazon Q3 results miss expectations as online sales slow after pandemic surge

Amazon (AMZN) reported third-quarter sales and earnings results that missed Wall Street’s estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and earlier in 2021. 

The company also flagged that it would see additional costs as a result of supply chain challenges in the fourth quarter. Shares dropped by more than 4% in late trading. 

Here were the main metrics from Amazon’s report, compared to consensus estimates compiled by Bloomberg:

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