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Timothy Phillips
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Tim Phillips is CoFounder and Senior VP of Empower Semiconductor. Mr. Phillips also provides high-tech marketing and financial consulting services. Mr. Phillips has held executive positions in the semiconductor industry for twenty years including Vice-President & General Manager of a $140... More
  • Amazon Consensus Raised Slightly For Q4 Tonight, Lowered Again For CY13 0 comments
    Jan 29, 2013 10:11 AM | about stocks: AMZN

    Amazon (NASDAQ:AMZN) Analyst consensus estimate for earnings tonight was raised the second time this week from $0.27 last week to $0.28 over the weekend, and now to $0.29 this morning on revenue of $22.26B. With expectations rising it may be difficult to AMZN to meet expectations as US e-commerce revenue growth came in below expectations for the quarter.

    The key number may be the Q1 revenue quidance vs. current expectations of $16.86B. Analysts also reduced full year CY13 EPS estimate to $1.70 from $1.74 last week (and $1.82, 90 days ago). That places AMZN 2013 FWD P/E at 162.

    My analysis suggests $0.22 in earnings on $21.9B in revenue for Q4, and guidance of $16.5B in Q1 revenue. I am expecting $1.26 in earnings for CY13.

    AMZN stock is trading down about $15 (5.3%) over the past 2 days prior to the earnings release after close of the market today.

    Disclosure: I am short AMZN.

    Stocks: AMZN
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  • Bad News is still Good in this market. Bad jobs report (on consensus) = more QE. Clearly not ready for a correction yet. No summer swoon.
    Jun 7, 2013
  • $AMZN has now re-traced 100% of the drop since that terrible Q1 earnings report. How quickly the market forgets how bad the numbers are.
    Jun 7, 2013
  • $AAPL & carriers are clearing out inventory to prep for the launch of iPhone 5S. AT&T offered me a free 5 w/ new 2 YR plan ($199 savings)
    May 25, 2013
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