Company Earnings Update 3 minutesRegister for Free AccessAmazon (AMZN) 3Q17 Results: Another Blowout Quarter, with 34% Sales Growth Coresight Research October 27, 2017 Executive Summary Amazon reported 3Q17 EPS of $0.52, flat year over year but beating the $0.07 consensus estimate. Net sales (including Whole Foods Market) were $43.7 billion, up 33.7% year over year and beating the $41.6 billion consensus estimate. Subscription services was the fastest-growing segment, growing by 59% in the quarter, followed by Amazon Web Services (AWS) at 42%. Amazon also broke out $1.3 billion of revenue from its physical stores. Guidance for 4Q17 calls for revenues of $56.0–$60.5 billion, above the $54.2 billion consensus estimate, and for operating income of $300 million–$1.65 billion, whose midpoint is below the $1.50 billion consensus estimate. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: February 2023 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear UptickDay Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and MoreAmazon India Prime Day 2023: Preview—A Focus on Convenience and Value, Plus Engagement Through Livestreaming and GamificationThree Things You Need To Know: Metaverse Pioneers—Fashion—The Web 3.0 Strategies of Adidas and NIKE