HALISTER: Amazon Falls as 3Q EPS Misses Ests., Y/y AWS Rev Growth Slows

Amazon Falls as 3Q EPS Misses Ests., Y/y AWS Rev Growth Slows

(Bloomberg) -- Amazon sees 4Q oper break-even to profit $1.25b, est. $1.7b.
  • Sees 4Q net sales $42.0b to $45.5b, est. $44.6b
  • 3Q EPS 52c, est. 78c
  • Shrs down about 6% post-mkt on 352k vol
  • 3Q AWS net sales $3.23b, est. $3.13b (Bloomberg News)
    • Growth of 55% y/y vs 58% y/y growth in 2Q
  • 3Q net sales $32.7b, est. $32.7b
  • 3Q oper income $575m, est. $690.5m
  • Sees 4Q oper income $0 to $1.25b, est. $1.7b
Statement NOTE:
  • Oct. 26, PREVIEW AMAZON 3Q: Strong Amazon Web Services Rev. Expected
NSN OFO4DX6JIJUO
  • Oct. 24, Amazon PT Raised to Street-High $1,050 at Goldman on AWS Growth
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  • Oct. 17, BI: Amazon Prime Day, Web Services Likely Sales Drivers: 3Q Preview
NSN OF73P16KLVSC
  • 44 buys, 5 holds, 0 sells before today
  • Call 5:30pm (NY time)
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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AMZN US (Amazon.com Inc)

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Jeffrey Bezos (Amazon.com Inc)

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