Wall Street analysts like Amazon's AWS outlook

Amazon (AMZN) reported mixed results after the bell on Thursday, missing Wall Street's targets on earnings per share and revenue, but posting better-than-anticipated Q3 AWS revenue. Operating income topped the company's own estimates. Amazon stock fell more than 7% in premarket action Friday, but pared those losses as the trading day went on. For the quarter, Amazon saw earnings per share (EPS) of $1.89 on revenue of $201.9 billion. Analysts projected EPS of $1.97 on revenue of $202.25 billion, according to Bloomberg's analyst consensus estimates. The company reported EPS of $1.95 and revenue of $180.16 billion in the same period last year. (AMZN ) Go deeper with AlphaSpace 238.36 -5.43 (-2.23%) As of 1:24:38 PM EDT. Market Open.