Amazon.com (AMZN) Posts Q2 GAAP EPS of 19c; Issues Q3 Outlook
(Updated - July 23, 2015 4:11 PM EDT)
Amazon.com (NASDAQ: AMZN) reported Q2 EPS of $0.19, $0.33 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $23.18 billion versus the consensus estimate of $22.39 billion.
Financial Guidance
The following forward-looking statements reflect Amazon.com’s expectations as of July 23, 2015, and are subject to substantial uncertainty. Our results are inherently unpredictable and may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and customer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.
Third Quarter 2015 Guidance
- Net sales are expected to be between $23.3 billion and $25.5 billion, or to grow between 13% and 24% compared with third quarter 2014. (The Street sees revenue of $23.9 billion.)
- Operating income (loss) is expected to be between $(480) million and $70 million, compared to $(544) million in third quarter 2014.
- This guidance includes approximately $580 million for stock-based compensation and amortization of intangible assets, and it assumes, among other things, that no additional business acquisitions, investments, restructurings, or legal settlements are concluded and that there are no further revisions to stock-based compensation estimates.
For earnings history and earnings-related data on Amazon.com (AMZN) click here.