Amazon's third-quarter results, covered by CNBC on October 30, missed the estimates in that report. Earnings were $1.89 a share, below the $1.96 consensus, and revenue was $201.94 billion versus $202.31 billion expected. Amazon Web Services revenue was about $45.98 billion, described as roughly in line. Trailing 12-month free cash flow was an outflow of $42.4 billion, a measure of cash left after the heavy spending tied to its artificial-intelligence build-out. CNBC reported a premarket drop of nearly 7% and, in its later market wrap, a Friday share decline of more than 1%. The report did not announce a change in retail prices, delivery fees, or the interest rate on a household loan. The miss is a company result, not a checkout or borrowing decision.
Does Amazon's earnings miss change what you pay for an order or a loan? No price, fee, or household-rate change was announced. The verified facts are the quarterly miss and a $42.4 billion free-cash-flow outflow.
