Amazon.com, Inc. (AMZN) Crushes EPS Estimates, But Misses On Revenue

Amazon.com, Inc. (NASDAQ:AMZN) revealed its earnings report for the first three months of 2013 this afternoon after the market closed. The company recorded earnings per share of $0.18 in the first quarter on revenue of $16.07 billion. On today's market, the firm's stock trended up, finishing at a price of $274.70 per share.

In the run up to the announcement, analysts were looking for earnings of 8 cents per share from the online retailer on revenues of $16.2 billion. In the first three months of 2012, Amazon.com, Inc. (NASDAQ:AMZN) put up earnings of 28 cents per share on revenue of $13.2 billion. In the hours leading up...