Amazon.com (NASDAQ) – Investing.com reported Thursday that the first quarter revenue fell below analysts’ expectations and that it missed forecasts.

Amazon.com posted earnings per share (EPS) of $-7.56 on $116.44 billion in revenue. Investing.com polled analysts and predicted an EPS of $8.37 for revenue $116.46B.

Amazon.com shares fell 9% over the first year. However, they are 23.35% lower than its 52 week peak of $3,773.00 on July 13, 2021. The shares are performing better than the Nasdaq, which has fallen 17.73% since the beginning of the year.

After-hours trading on Amazon.com saw a loss of 10.6%

Amazon.com is following other large Consumer Discretionary Sector earnings this month

Amazon.com reports on a Tesla earnings beat on April 20. Tesla reported EPS at $3.22 per $18.76B. Forecasts were for EPS at $2.26 per $17.87B.

McDonald’s had beat expectations on Thursday with first quarter EPS of $2.28 on revenue of $5.67B, compared to forecast for EPS of $2.17 on revenue of $5.57B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar