Amazon: easily outstrips consensus in Q4
(CercleFinance.com) - On Thursday evening Amazon announced net income that is up 58% to 3 billion dollars in the last three months of 2018, or 6.
04 dollars per share, hence exceeding the consensus by about fifty cents.
The online retail giant saw its operating profit leap 81% to 3.8 billion dollars, for revenues that are up 20% at 72.4 billion dollars (+21% excluding currency effects). Indeed, Alexa was very busy during the holidays, says founder and CEO Jeff Bezos.
For the current quarter, the Seattle-based company expects operating profit of between 2.3 billion and 3.3 billion dollars, as well as revenues of between 56 billion and 60 billion dollars, which would mean annual revenue growth of 10% to 18%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
04 dollars per share, hence exceeding the consensus by about fifty cents.
The online retail giant saw its operating profit leap 81% to 3.8 billion dollars, for revenues that are up 20% at 72.4 billion dollars (+21% excluding currency effects). Indeed, Alexa was very busy during the holidays, says founder and CEO Jeff Bezos.
For the current quarter, the Seattle-based company expects operating profit of between 2.3 billion and 3.3 billion dollars, as well as revenues of between 56 billion and 60 billion dollars, which would mean annual revenue growth of 10% to 18%.
Copyright (c) 2019 CercleFinance.com. All rights reserved.