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Timothy Phillips
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Timothy Phillips is currently both an independent investor and executive consultant in the Technology and Finance industries. Previously, Mr. Phillips held executive positions in the semiconductor industry for more than eighteen 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 (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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