Seeking Alpha

Amazon.com misses by $0.12, beats on revenue

  • Amazon.com (NASDAQ:AMZN): Q2 EPS of -$0.27 misses by $0.12.
  • Revenue of $19.34B (+23.2% Y/Y) beats by $20M.
  • Shares -3.8%.
  • Press Release

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Comments (31)
  • Johnwoods41
    , contributor
    Comments (173) | Send Message
     
    Expect more losses in the next quarter as well, what are they doing?
    24 Jul 2014, 04:23 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1371) | Send Message
     
    Profits will appear once drone deliveries start ...
    24 Jul 2014, 04:35 PM Reply Like
  • name999
    , contributor
    Comments (173) | Send Message
     
    "Third Quarter 2014 Guidance: Operating loss is expected to be between $810 million and $410 million, compared to $25 million in third quarter 2013."

     

    Maybe Amazon is preparing to throw out more toys (or garbage things) like the Fire Phone in the second half?

     

    Jeff Bezos is genius, I believe most of us will not doubt this. However, if a genius does not use his talents in the right place, tragedy can still happen...
    24 Jul 2014, 04:36 PM Reply Like
  • Mort19
    , contributor
    Comments (279) | Send Message
     
    They are growing hand over fist. Of course selling $1's for $.95 is very expensive but a Ponzi scheme is good if you can make money off it
    24 Jul 2014, 04:41 PM Reply Like
  • labas112
    , contributor
    Comments (364) | Send Message
     
    Who "liked" ReligiousWacko's comment? LOL
    24 Jul 2014, 04:42 PM Reply Like
  • Esekla
    , contributor
    Comments (3556) | Send Message
     
    As per my articles on AMZN, the revenue is what typically counts. While I'm sure it will bounce around AH, given the (slight) revenue beat and guidance, a price of $370 or so is implied, but first we have to see what (if anything) the Senate does next week on the other issue I just wrote about.
    24 Jul 2014, 04:45 PM Reply Like
  • Mort19
    , contributor
    Comments (279) | Send Message
     
    You could be right Esekla but the projected operating loss is absurd.

     

    I know the float is controlled in many of these MOMO stocks but any analyst upgrading off of this quarter and guidance should be investigated.
    24 Jul 2014, 05:11 PM Reply Like
  • wysingm
    , contributor
    Comment (1) | Send Message
     
    Prime free shipping eating away profits?
    24 Jul 2014, 06:13 PM Reply Like
  • Esekla
    , contributor
    Comments (3556) | Send Message
     
    No at least some of it appears to be more legitimate investment such expansion and original content.
    24 Jul 2014, 06:28 PM Reply Like
  • Esekla
    , contributor
    Comments (3556) | Send Message
     
    Yeah, the AH movements have been particularly non-indicative as of late. I take it you read my article on the Momentum Mechanism? I can agree on the absurdity, but I've made my predictions on what it will take to break the behavior and this isn't it.
    24 Jul 2014, 06:30 PM Reply Like
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    Dream on, Wacko!
    24 Jul 2014, 07:34 PM Reply Like
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    NO Ponzi scheme is good.

     

    AMZN has been fooling along with the con that it makes sense to forgo immediate gratification for the sake of big pay off coming later, now
    for not five, not ten, not fifteen BUT 20 years...

     

    In Bezos's crazy-quilt world the "big pay off coming later" means
    LOSSES.

     

    It tells us something about the delusions + madness of the Bezos acolytes
    24 Jul 2014, 07:39 PM Reply Like
  • User 29086695
    , contributor
    Comments (3) | Send Message
     
    Reminds me of the SNL skit years ago that spoofed banks making money by making change. When asked how they made money, the punch line was "volume"
    24 Jul 2014, 09:10 PM Reply Like
  • youngdub774
    , contributor
    Comments (81) | Send Message
     
    Investing in the future is all I hear, am I the only one calling bull****
    24 Jul 2014, 04:27 PM Reply Like
  • bpork
    , contributor
    Comments (53) | Send Message
     
    nope, the group-think seekingalpha comments all say the thing
    24 Jul 2014, 05:03 PM Reply Like
  • labas112
    , contributor
    Comments (364) | Send Message
     
    Amazon: A revenue generating, zero profit, scorched earth retail philosophy, company...might as well file as a non-for profit.
    24 Jul 2014, 04:27 PM Reply Like
  • Mort19
    , contributor
    Comments (279) | Send Message
     
    On the contrary they generate plenty of free cashflow.

     

    You see insiders get lots of shares and as the stock is controlled and manipulated up they take said cash via selling free shares.

     

    And there's your free cash flow. Free for insiders, not for anybody else.
    24 Jul 2014, 04:43 PM Reply Like
  • Johnwoods41
    , contributor
    Comments (173) | Send Message
     
    Is this a registered charity ?
    24 Jul 2014, 04:28 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1371) | Send Message
     
    yes, for limousine liberals that decry Walmart but will shop at Amazon even if warehouse workers at both have horrible work conditions ...
    24 Jul 2014, 04:35 PM Reply Like
  • bgold1955
    , contributor
    Comments (2233) | Send Message
     
    Wacko...Nobody cares about your politics.
    24 Jul 2014, 04:50 PM Reply Like
  • pollyserial
    , contributor
    Comments (1094) | Send Message
     
    OK so how exactly is this different from FB? Oh, yeah, AMZN uses GAAP numbers and doesn't engage in fraudulent click-baiting to pump its ad numbers. (btw I'm not saying AMZN shouldn't be sold back down to 100....)
    24 Jul 2014, 04:36 PM Reply Like
  • $vix
    , contributor
    Comments (514) | Send Message
     
    amzn does engage in questionsable accounting. The dollar value of the people they pay in share in lieu of salary is not listed in their cost of sales which grossly inflates their gross profit. Try to find their content liabilities on their financial statement.
    While I'm no fan of FB they are growong revenue in the 60% range AND they made 791 million in profit doing so. Amzn has to spend every dollar they make in order to keep up any revenue growth.
    With all their spending, amazon's revenue growth has slowed from the high 30%.
    If amazon was not a public company, Bezos would be a poor schlep like most of the regular people. He is only a billionaire becuase he makes his money selling overpriced shares of amzn.
    25 Jul 2014, 11:55 AM Reply Like
  • Johnwoods41
    , contributor
    Comments (173) | Send Message
     
    Citibank downgraded the other day, I just can't see how other analysts can't follow on these numbers, let's see what they can spin out
    24 Jul 2014, 04:44 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1371) | Send Message
     
    Citi must not have much hope of being in massive debt offering Amazon will soon need ...
    24 Jul 2014, 04:48 PM Reply Like
  • Mort19
    , contributor
    Comments (279) | Send Message
     
    Yes surely they were scratched off the list. Since they already were maybe they can drop their price target in half where it belongs. :-)
    24 Jul 2014, 06:29 PM Reply Like
  • Mort19
    , contributor
    Comments (279) | Send Message
     
    Let me get this straight they are expecting an operating loss of between $410M and $810M in Q3 not including tax implications? Based on this last quarter's share count of 461M diluted shares, that's an operating LOSS of $.89 to $1.76 next quarter.

     

    Well, there goes any chance for profits again in 2014 most likely.

     

    I wonder if many of the bought and paid for good honest analysts in the cartel will have the stones to do what they have so many times in the past, i.e. slash estimates and raise price targets.

     

    Let's see who is the next lender of cash to Amazon when the smoke clears.
    24 Jul 2014, 04:51 PM Reply Like
  • ReligiousWacko
    , contributor
    Comments (1371) | Send Message
     
    Is there any incentive for investment bank to give honest advice ?
    24 Jul 2014, 05:08 PM Reply Like
  • SomeShmo
    , contributor
    Comments (2) | Send Message
     
    Let's see if irrational exuberance continues to prevail after this bombshell. As a consumer, I love them, but I'm always befuddled by their business model. I am quite certain their customer P&L on me is negative. When do they make money? When do they stop trying to be everything to everybody? When does the music stop?
    24 Jul 2014, 06:13 PM Reply Like
  • chintan1671
    , contributor
    Comments (60) | Send Message
     
    I just don't care much.. Amazon is a great company for consumers..
    24 Jul 2014, 09:01 PM Reply Like
  • $vix
    , contributor
    Comments (514) | Send Message
     
    Its a great company for consumers who wish to overpay and pay an annual fee to do so
    25 Jul 2014, 11:47 AM Reply Like
  • $vix
    , contributor
    Comments (514) | Send Message
     
    Its not 23% y o y growth. You didnt downwardly adjust for Forex.
    25 Jul 2014, 11:56 AM Reply Like
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