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EagleBank Presents: 15 Things You Need to Know

Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

July 27, 2018 Bisnow

EagleBank Presents: 15 Things You Need to Know

Amazon Q2 Earnings: Large Physical Footprint Drives Stunning Earnings Boost

Amazon is officially a major player in retail real estate, and its second-quarter earnings report reflected just that. The e-commerce giant reported net income of $5.07 a share, more than 10 times the $0.40 per share it made in Q2 2017 and far exceeding what analysts predicted for the quarter. Whole Foods has seen year-over-year growth as high as 17%, and with the grocery chain now comprising 80% of Amazon's retail footprint, it seems to be driving Amazon's value even higher.

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EagleBank Presents: 15 Things You Need to Know

15 OTHER THINGS YOU NEED TO KNOW

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