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10/29/2021 3:30 pm
Despite all your success, AmazonLike many other companies, it also has difficult periods. In fact, the last quarter of this 2021 yielded terrible results for the company based in Seattle, and as a result of this, his actions fell by as much as 4.3%.
As indicated in its most recent quarterly report, analysts from Amazon they anticipated minimum income of $ 111 thousand 600 million dollars, but the end result was $ 110 thousand 810 million. As I mentioned before, this fall caused a drop in their shares of the 4.3%.
On the other hand, Amazon declared that its operating profit during the fourth quarter of this year will be in the range of $ 3 thousand million, which is well below the $ 6 thousand 900 million that the company registered in this same period but in 2020.
Andy Jassy, CEO of Amazon, He also commented that the company is preparing to assume “several billion dollars” of additional costs in terms of its consumer business during the fourth quarter of the year. This as a result of labor shortages, higher employee costs, among other things.
Via: Action News Ajax