Amazon (AMZN) Misses Q3 EPS by 39c, Q4 Holiday Revenue Guidance Misses
Get Alerts AMZN Hot Sheet
Price: $180.38 +0.31%
Revenue Growth %: +12.0%
Financial Fact:
Total non-operating income (expense): -84M
Today's EPS Names:
FSI, RELV, NEOM, More
Revenue Growth %: +12.0%
Financial Fact:
Total non-operating income (expense): -84M
Today's EPS Names:
FSI, RELV, NEOM, More
Join SI Premium – FREE
Amazon (NASDAQ: AMZN) reported Q3 EPS of $4.23, $0.39 worse than the analyst estimate of $4.62. Revenue for the quarter came in at $70 billion versus the consensus estimate of $68.81 billion.
GUIDANCE:
Amazon sees Q4 2019 revenue of $80-86.5 billion, versus the consensus of $87.37 billion.
- Net sales are expected to be between $80.0 billion and $86.5 billion, or to grow between 11% and 20% compared with fourth quarter 2018. This guidance anticipates an unfavorable impact of approximately 80 basis points from foreign exchange rates.
- Operating income is expected to be between $1.2 billion and $2.9 billion, compared with $3.8 billion in fourth quarter 2018.
- This guidance assumes, among other things, that no additional business acquisitions, investments, restructurings, or legal settlements are concluded.
For earnings history and earnings-related data on Amazon (AMZN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: RH, Estee Lauder rise; Tesla falls
- Semtech (SMTC) Misses Q4 EPS by 2c
- Amazon to save $1.3B by cutting office vacancies and terminating leases early - Leaked Documents
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!