AMZN · PEAD ↑ 54

Amazon reported Q1 2026 EPS of $2.78 on 2026-04-29, beating the $1.73 consensus by $1.05 (+60.7%).

Print-day reaction was +1.3% versus the prior close, a measured initial move given the magnitude of the EPS beat. The overnight gap to T+1 open added a further +3.9%, suggesting institutional positioning continued well after the regular session closed. Over the following two trading days the price drifted an additional +2.6%, sustaining the post-earnings move without meaningful give-back. Cumulative abnormal return of +3.9% versus SPY.US clears the long threshold; per the documented PEAD pattern, the read is held through 2026-07-27.