Amazon reports Q4 operating income above guidance, reports revs in-line; guides Q1 revs in-line, income below (1390.00 -60.89)
- Reports Q4 (Dec) earnings of ~$2.19 per share, excluding tax benefit, $0.36 better than the Capital IQ Consensus of $1.83; revenues +38% year/year (+36% ex-FX) to $60.45 bln vs the $59.85 bln Capital IQ Consensus; operating income +69% to $2.1 bln vs. $0.30-1.65 bln guidance and $1.51 bln ests. Operating cash flow increased 7% to $18.4 billion for the trailing twelve months.
- NA sales +42% to $37.3 bln; operating income +107% to $1.7 bln.
- Intl sales +29% to $18 bln
- AWS sales +45% to $5.1 bln; OI +46% to $1.35 bln.
- Co issues in-line guidance for Q1, sees Q1 revs of $47.75-50.75 bln vs. $48.71 bln Capital IQ Consensus Estimate; operating income $300m-1.0 vln vs. $1.52 bln ests. This guidance anticipates a favorable impact of approximately $1.2 billion or 330 basis points from foreign exchange rates