Amazon (AMZN) Misses Q4 EPS by 14c, Revenue Beats, Offers Guidance

Amazon (NASDAQ: AMZN) reported Q4 EPS of $0.03, $0.14 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $149.2 billion versus the consensus estimate of $145.64 billion.

GUIDANCE:

Amazon sees Q1 2023 revenue of $121-126 billion, versus the consensus of $125.1 billion.

• Net sales are expected to be between $121.0 billion and $126.0 billion, or to grow between 4% and 8% compared with first quarter 2022. This guidance anticipates an unfavorable impact of approximately 210 basis points from foreign exchange rates.
• Operating income is expected to be between $0 and $4.0 billion, compared with $3.7 billion in first quarter 2022.
• This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.

For earnings history and earnings-related data on Amazon (AMZN) click here.

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