Amazon.com (AMZN) Tops Q1 EPS by 49c; Issues Q2 Outlook
(Updated - April 28, 2016 4:03 PM EDT)
Amazon.com (NASDAQ: AMZN) reported Q1 operating EPS of $1.07, $0.49 better than the analyst estimate of $0.58. Revenue for the quarter came in at $29.1 billion versus the consensus estimate of $27.97 billion.
Second Quarter 2016 Guidance
- Net sales are expected to be between $28.0 billion and $30.5 billion, or to grow between 21% and 32% compared with second quarter 2015.
- Operating income is expected to be between $375 million and $975 million, compared with $464 million in second quarter 2015.
- This guidance includes approximately $825 million for stock-based compensation and other operating expense (income), net. 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.
The Street sees Q2 revenue of $28.3 billion.
For earnings history and earnings-related data on Amazon.com (AMZN) click here.