Company Earnings Update 3 minutesRegister for Free AccessAmazon (AMZN) 1Q17 Results: Beats Consensus, Guides Down for 2Q Profit Coresight Research April 28, 2017 Executive Summary Amazon reported 1Q17 EPS of $1.48, compared with $1.07 in the year-ago quarter and beating the $1.08 consensus estimate. Net sales were $35.7 billion, up 22.6% year over year and beating the $35.3 billion consensus estimate. Amazon Web Services (AWS) continued to be a strong business driver, with revenues up 42.7%. The segment contributed 89% of operating profit in the quarter. Guidance for 2Q17 is for revenues of $35.25–$37.75 billion, in line with consensus, and for operating income of $425 million–$1.075 billion, below consensus of $1.46 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Tariffs: Who Wins, Who Loses and What It Means for the EconomyInflation Awareness Rises; Economic Sentiment Falls to Six-Month Low: US Consumer Survey InsightsIndia’s Maha Kumbh Mela 2025: How Convenience, Technology and Sustainability Powered a Multibillion-Dollar FestivalConsumer Sentiment Falls Further After Stock-Market Sell-Off: Weekly US Consumer Sentiment, Week 12, 2025—Infographic
