Company Earnings Update 2 minutesRegister for Free AccessAmazon (AMZN) Fourth-Quarter 2015 Results: Earnings Disappoint as Heavy Spending Continues Coresight Research January 28, 2016 Executive Summary Amazon reported EPS of $1.00 for the fourth quarter of 2015, well below the consensus estimate of $1.55. Higher fulfillment expenses and technology and content expenses weighed on profits. Revenues came in slightly below expectations, at $35.7 billion, an increase of 22% versus the year-ago period, and were led by Amazon Web Services sales, which were up 69%. In 2015, worldwide Prime memberships increased by 51%. They increased by 47% in the US and even faster internationally. For the first quarter of 2016, management expects total sales of $26.5–$29.0 billion, representing growth of 17%–28%, versus consensus of $27.68 billion. Operating income is expected to be between $100 million and $700 million versus consensus of $665.3 million. 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: In-Store Shopping Thrives: US Consumer Tracker 2023, Week 27March 2023 Leading Indicators of US Retail Sales: Mid-Single-Digit Growth Amid Growing Consumer SentimentBreathing New Life into the Shopping Experience: The Surge of the Resale Market—China Retail InsightsWeinswig’s Weekly: The Year of the Rabbit Is Here!