The Stock has a 52-Week High of $847.21 and 52-Week Low of $474 following the dates, it touched its 52-Week High on Oct 6, 2016 and 52-Week Low on Feb 9, 2016. During the same period past year, the firm earned $1.00 earnings per share.
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-EPS (Q4): $1.54 vs. $1.00 previous year. The company, which chose to invest heavily in once-unorthodox areas like streaming video, hardware, and shipping networks, had to spend years convincing Wall Street that its plans would, eventually, bear fruit. Analysts, on average, were expecting sales of $35.95 billion in the first quarter. AWS, meanwhile, posted an operating income of $926 million.
Amazon.com, Inc. (NASDAQ:AMZN) released its quarterly earnings results on Thursday. So any sign of less-than-stellar cloud growth may result in an outsized impact on profits. With the market’s reaction to Amazon’s mixed fourth quarter earnings, however, that gap has widened to $3.7 billion. The business now operates at a 25-percent margin (as compared to 2.3 percent) from North American e-commerce.
Amazon’s closest competitor, Microsoft, doesn’t report the revenue it brings in from its comparable cloud, Azure. They include Microsoft Corp., Google Inc., IBM Corp. and Oracle Corp., as well as software-as-a-service companies such as Salesforce.com Inc. “Part of the softness comes down to shipping related revenue, which grew by its slowest pace in over a year”.
Another disappointment for investors was likely Amazon’s first-quarter outlook.
Investing most of what the behemoth generates rather than worrying about net profit has served Amazon’s growth ambitions and investors well over the years. The foreign currency changes has reduced the sales growth in the period by 2 percentage points.
But the main miss on the outlook was profits.
Net income for the quarter was $749 million, compared with $482 in the same period a year earlier, according to earnings figures. This was slightly below analyst predictions of $44.68bn, according to Reuters. Spending on video content pays off by helping attract new customers and investments in logistics generate more volume and greater efficiency, he said.
Olsavsky also said “sponsored product” ads are “off to a great start” and a “very effective way” to reach interested customers, while adding the company’s working on some pre-roll video ads as well.
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By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Amazon.com, Inc.
