Amazon (AMZN) Tops Q4 EPS by 37c, Q1 Guidance Misses
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Price: $1,640.00 -4.58%
EPS Growth %: +61.1%
Financial Fact:
Basic earnings per share: 0.53
Today's EPS Names:
WETF, WFT, SF, More
EPS Growth %: +61.1%
Financial Fact:
Basic earnings per share: 0.53
Today's EPS Names:
WETF, WFT, SF, More
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Amazon (NASDAQ: AMZN) reported Q4 EPS of $6.04, $0.37 better than the analyst estimate of $5.67. Revenue for the quarter came in at $72.4 billion versus the consensus estimate of $71.87 billion.
“Alexa was very busy during her holiday season. Echo Dot was the best-selling item across all products on Amazon globally, and customers purchased millions more devices from the Echo family compared to last year,” said Jeff Bezos, Amazon founder and CEO. “The number of research scientists working on Alexa has more than doubled in the past year, and the results of the team’s hard work are clear. In 2018, we improved Alexa’s ability to understand requests and answer questions by more than 20% through advances in machine learning, we added billions of facts making Alexa more knowledgeable than ever, developers doubled the number of Alexa skills to over 80,000, and customers spoke to Alexa tens of billions more times in 2018 compared to 2017. We’re energized by and grateful for the response, and you can count on us to keep working hard to bring even more invention to customers.”
GUIDANCE:
Amazon sees Q1 2019 revenue of $56-60 billion, versus the consensus of $60.96 billion.
For earnings history and earnings-related data on Amazon (AMZN) click here.
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