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Amazon (AMZN) now +9.3% AH in spite of its Q4 miss and light Q1 guidance. The earnings call...

Tuesday, January 29, 6:16 PM ET
Amazon (AMZN) now +9.3% AH in spite of its Q4 miss and light Q1 guidance. The earnings call (live blog) featured pointed questions about slowing paid unit growth (32% Y/Y vs 39% in Q3), but also positive comments about gross margin, which rose 340 bps Y/Y 24.1% (up from Q3's 180 bps increase). The fact 3rd-party sales accounted for 39% of paid units (up from 36% a year ago) helped, as did a 67% Y/Y increase in "Other" North American revenue (dominated by AWS) to $769M. Active customer accounts surpassed 200M (up from Q3's 188M). EBAY +0.7%.

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This news story has 5 comments:

mike8599 Comments (557)

I love AMZN - it drives people nuts

29 Jan, 07:19 PM Reply Like

AnLe41 Comments (37)

This latest miss of WS estimates with declining earnings and EPS will rapidly push the stock price above the $300 resistance level, which will trigger a strong buy signal and another rally that could potentially get the stock to test the $350 level before end of Feb. Both institutional and retail investors will run over each other to get in. Time to buy naked weekly calls to cash in big time.

29 Jan, 08:21 PM Reply Like