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Amazon.com (AMZN): Q1 EPS of $0.28 beats by $0.21. Revenue of $13.18B (+34% Y/Y) beats by $228M....

  • Thursday, April 26, 2012, 4:34 PM ET
    Amazon.com (AMZN): Q1 EPS of $0.28 beats by $0.21. Revenue of $13.18B (+34% Y/Y) beats by $228M. Expects Q2 revenue of $11.9B-$13.3B vs. $12.8B consensus. Shares +9.7% AH. (PR)
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    Operating earnings down 40% and the stock goes up. I guess beating a low ball estimate was all it took. This stock defies convential financial analysis because there are so many buyers in la la land.
    26 Apr 2012, 05:07 PM Reply Like
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