Amazon.com Announces First Quarter Sales up 43% to $51.0 Billion
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Amazon.com (AMZN) PT Raised to $2,100 at Macquarie; Flywheels Spinning Fast
April 27, 2018 7:54 AM EDTMacquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 while maintaining a Outperform rating.
Analyst Benjamin Schachter noted:
The flywheels are spinning fast. With the highest margin businesses growing fastest, EBIT is significantly outperforming expectationsOur new price... MoreAmazon.com (AMZN) PT Raised to $1,875 at Wells Fargo
April 27, 2018 6:53 AM EDTWells Fargo raised its price target on Amazon.com (NASDAQ: AMZN) to $1,875.00 (from $1,755.00) while maintaining a Outperform rating.
Analsyt Ken Sena commented, "Amazon reported another very strong quarter with gross profit and CSOI exceeding our expectations by 6% and 40%, respectively. Across its segment detail,... More
Amazon.com (AMZN) PT Raised to $1,900 at Needham & Company
April 27, 2018 6:21 AM EDTNeedham & Company raised its price target on Amazon.com (NASDAQ: AMZN) to $1,900.00 (from $1,700.00) while maintaining a Buy rating.
Analyst Kerry Rice commented, "Amazon posted strong Q1 results with revenue and operating income upside. The revenue upside was driven primarily by Amazon's triple threat of... More
Amazon (AMZN) Tops Q1 EPS by $2.00, Offers Q2 Guidance
April 26, 2018 4:02 PM EDTAmazon (NASDAQ: AMZN) reported Q1 EPS of $3.27, $2.00 better than the analyst estimate of $1.27. Revenue for the quarter came in at $51 billion versus the consensus estimate of $49.87 billion.
GUIDANCE:
Amazon sees Q2 2018 revenue of $51-54 billion, versus the consensus of $52.2... More
