Company Earnings UpdateAmazon.com (NASDQ: AMZN) 1Q19 Results: Blows Out EPS, Strength in AWS and Subscriptions, Light Q2 Profit Guidance Coresight Research April 26, 2019 Executive Summary Amazon.com reported 1Q19 revenues of $59.70 billion, up 17.0% year over year and in line with the consensus estimate. EPS was $7.09, up 61% year over year and beating the $4.70 consensus estimate. Amazon Web Services (AWS) was the fastest-growing segment by far, growing 41.4%; subscription revenue grew 40.0%. Operating profit in the North America segment doubled, and the loss in the international segment declined sharply. The company guided for 2Q19 revenues of $59.5-63.5 billion (up 13-20% year over year), in line with the consensus estimate, and operating income of $2.6-3.6 billion, below the $4.2 billion consensus estimate. 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: Retail Crime and Shrink: US Shoppers Concerned About Theft Pushing Up Prices; Shoplifting Surges to Record Levels in EnglandCEO Brief: Intelligent Inventory—Achieving Inventory Excellence6.18 Shopping Festival Helps Lift Consumer Sentiment After Recent Lows: China Consumer Survey InsightsDisrupting Retail: Lessons from SHEIN and TEMU on Redefining Consumer Engagement and Supply Chain Innovation
