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Amazon (AMZN) 4Q16 Results: Earnings Beat, Revenue and Guidance Below Expectations

Executive Summary

  • Amazon reported 4Q16 EPS of $1.54, compared with $1.00 in the year-ago quarter and beating the $1.37 consensus estimate. Net sales were $43.7 billion, up 22.4% year over year but missing the $44.7 billion consensus estimate.
  • Amazon Web Services (AWS) revenues was up 47.0% but missed consensus estimates. The division contributed 74% of operating profit in the quarter.
  • Revenue and EPS guidance for 1Q17 were both below consensus estimates.

 

 

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