Amazon Forecasts Quarterly Revenue Largely Above Estimates

Amazon.com forecast second-quarter revenue largely above Wall Street estimates on Thursday, in a reassuring sign that the world’s biggest e-commerce company would navigate tariff-related uncertainty on its retail business.

The company expects net sales between $159.0 billion and $164.0 billion for the current quarter, compared with analysts’ average estimate of $160.91 billion, according to data compiled by LSEG. 

By Deborah Sophia; Edited by Sriraj Kalluvila

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