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Amazon's Revenues Miss, Stock Dives

by The "State" Team

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Earnings Update: Amazon.com

Amazon.com (AMZN) reported Q4 earnings per share of $0.38 per share (ex-items), which was above the FactSet consensus estimate of $0.17.

But… The company reported revenues of $17.43 billion vs. consensus of $18.27 billion.

Guidance for Q1: Revenue $12.0-13.4 billion vs. FactSet $13.41 billion

The stock last traded at $177.29, down from the closing price of $194.44.

 

  Amazon.com Last 12 Months
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