Amazon.com misses Q3 estimates; guides Q4 operating income and rev below consensus
Reports Q3 (Sep) loss of $0.95 per share, $0.19 worse than the Capital IQ Consensus of ($0.76); revenues rose 20.4% year/year to $20.58 bln vs the $20.85 bln consensus; operating income ($544) mln vs. ($810)-(410) mln guidance and ($431) mln consensus.
Co issues downside guidance for Q4, sees Q4 operating income (loss) of ($570) to $430 mln vs. $474 mln consensus; revs $27.3-30.3 bln vs. $30.91 bln Capital IQ Consensus.
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