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Amazon -6% on major Q3 EPS shortfall [updated]

Oct. 27, 2016 4:03 PM ETAmazon.com, Inc. (AMZN) StockAMZNBy: Eric McCaffrey, SA News Editor156 Comments
  • Results – revenue $32.7B (+28.9% Y/Y, in line with estimates), EPS $0.52 ($0.26 below estimates), operating cash flow for trailing twelve months $14.6B (+49% Y/Y), free cash flow for trailing twelve months $8.6B (vs. $5.4B Y/Y), net sales $32.7B (+29% Y/Y), operating income $575M (vs. $406M Y/Y), net income $252M (vs. $79M Y/Y)
  • Segment revenues – North America $18.874B (+26% Y/Y), International $10.609B (+28% Y/Y), AWS $3.231B (+55% Y/Y), Consolidated $32.714B (+29% Y/Y)
  • Q4 projections – Net sales of $42B-$45.5B (17%-27% Y/Y growth), operating income between $0-$1.25B (vs. $1.1B Y/Y).
  • Amazon (NASDAQ:AMZN) founder and CEO Jeff Bezos: "Alexa may be Amazon’s most loved invention yet — literally — with over 250,000 marriage proposals from customers and counting. And she’s just getting better. Because Alexa’s brain is in the cloud, we can easily and continuously add to her capabilities and make her more useful — wait until you see some of the surprises the team is working on now."
  • Conference call
  • Press Release
  • 8-K

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