29.01.2015 22:18:53
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Amazon.com Q4 Profit Beats Estimates - Quick Facts
(RTTNews) - Amazon.com Inc. (AMZN) reported fourth-quarter net income of $214 million or $0.45 per share, compared to $239 million or $0.51 per share, prior year.
On average, 37 analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.
Net sales increased 15% to $29.33 billion from $25.59 billion last year. Excluding the $895 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 18% compared to fourth quarter 2013. Analysts expected revenue of $29.67 billion for the quarter.
The company expects first-quarter net sales to be between $20.9 billion and $22.9 billion, or to grow between 6% and 16% compared with first quarter 2014. Operating results is expected to be between a loss of $450 million and profit of $50 million. Analysts expect the company to report first-quarter revenue of $23.05 billion.
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