Amazon.com Announces Fourth Quarter Sales up 21% to $87.4 Billion

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Go back to Amazon.com Announces Fourth Quarter Sales up 21% to $87.4 Billion

Amazon.com (AMZN) PT Raised to $2,325 at Wedbush

January 31, 2020 5:53 AM EST

Wedbush analyst Michael Pachter raised the price target on Amazon.com (NASDAQ: AMZN) to $2,325.00 (from $2,000.00) while maintaining a Outperform rating.

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Amazon's (AMZN) Q4 Results Crush Consensus

January 30, 2020 4:02 PM EST

(Updated - January 30, 2020 4:03 PM EST)

Amazon (NASDAQ: AMZN) reported Q4 EPS of $6.47, $2.44 better than the analyst estimate of $4.03. Revenue for the quarter came in at $87.4 billion versus the consensus estimate of $86.02 billion.

Prime membership continues to get better for customers year after year. And customers are responding more people joined Prime this quarter than ever before, and we now have over 150 million paid Prime members around the... More