Amazon reported its Q3 2021 results in October. Some key figures include:
Overall the Q3 2021 results from Amazon generally missed expectations of analysts by fairly considerable margins. Predicted revenue was $111.6 billion and Amazon reported $110.8 billion. Predicted earnings per share (EPS, diluted) was $8.92 and Amazon reported $6.12.
However, it is easy to see Amazon stock is attractive currently, with its price being down over the month as of now and the stock hasn’t really had a great year overall. But there is no denying how huge and important the company is to the world. They are not only a huge online retailer but also play a major part in powering the internet with AWS.
Amazon predicts net sales for next quarter will be higher at $130 billion to $140 billion which could be between a 4% or 12% increase.
Also, Amazon has recently been in the news with its decision to stop accepting Visa Credit Cards in the UK from January 2022.
Last month Block reported its Q3 2021 earnings report. Some key figures include:
Over the past year Block stock is down around 16% and down around 20% over the last month. Some may see this as a great time to get into this stock while it trading at a lower value. Over the past 5 years, Block is up by around 1,160.92%.
With the rebranding to Block and the increased future focus on cryptocurrency, it is easy to see that this company is going places. Assuming crypto continues at its current path, Block will be well-positioned to take advantage of that.
Atlassian is a fast-growing software and services company that mainly focuses on offerings for developers and productivity software such as the well known Trello.
Atlassian has lots of potentials and some may see the current lower price of its stock as quite attractive. The company has over 150,000 customers and as the previous quarter results show, Atlassian is likely to keep growing that number.
Some key figures from Atlassian’s previous results:
In 2021, Atlassian stock is up by around 58.74%. However, over the past month, the stock is down around 16.29%. It is currently trading at around $372.60, down from its peak of $458.13.
Since the start of 2021, Atlassian stock is up by around 9.10%. Over the past month, it is down around 2.30%, currently trading at around 3,444.24 which is down from its peak in July where it reached $3,731.41.