Wednesday, July 27th, 2011 649 views
Stocks held in for many in the day, but sold off hardest within the last hour plus a half of trading. Even though there has been some weakness, traders are largely acting as if a deal is definitely an inevitability.
Following the close, Amazon.com Inc. (AMZN) grew to become the following in the tech leaders to report earnings, plus they did not disappoint. AMZN reported EPS of $0.41 vs $0.35 for each reveal and revenues of $9.91B vs. $9.37B estimated, as well as the stock is surging larger right after hrs (at present about 6%). Whilst the jobs picture continues to be bleak inside the US, company earnings, especially from top companies, proceed to impress.
Read more on :
Wednesday, April 27th, 2011 578 views
Jeff Bezos and friends have delivered the Amazon.com Inc. (NASDAQ: AMZN) very first quarter earnings figures for 2011. The online mega-store and order taker looks to be a very soft figure and one particular that is certainly puzzling once you take into account what happened from the after-hours session to begin with.
The official figure getting used is $0.44 EPS, a mile quick in the Thomson Reuters estimate of $0.61 EPS. Income rose by 38% to $9.86 billion, but that will are a 36% achieve if it had been not to the favorable impact of currencies. Thomson Reuters had estimates of $9.52 billion in revenues.
North America revenue had been $5.47 billion, up 45% from a yr ago; global section product sales were up 31% from a year back to $4.39 billion, but that might be “only” 27% growth if forex changes ended up not accounted for.
Read more detail at:
Friday, October 22nd, 2010 1,038 views
Amazon (AMZN) released its third-quarter earnings final results on Thursday after the closing bell. The business reported net income of $231 million, or $0.51 per share, compared to $199 million, or $0.45 per share, inside the year ago period. This came in forward of analysts’ consensus estimates of $0.48.
Net sales were up 39% to $7.56 billion in Q3 versus $5.45 billion in final year’s 3rd quarter. This also beat Wall Street estimates which had been set at $7.35 billion.
Searching ahead to Q4, the company’s management sees net sales between $12 billion and $13.3 billion. This compares with analysts’ Q4 estimates of $12.3 billion.
Within the right after hrs buying and selling session, AMZN shares have fallen 3.79% to $158.72.