Amazon.com Inc (AMZN) Q1 2024 (USD): EPS 0.98 (exp. 0.83), Revenue 143.31bln (exp. 142.5bln); Q2 net sales view 144-149bln (exp. 150.13bln)
SALES BREAKDOWN:
- Online stores 54.67bln (exp. 54.77bln).
- Third-Party Seller Services 34.60bln (exp. 34.63bln).
- AWS 25.04bln (exp. 24.11bln).
- Physical Stores 5.20bln (exp. 5.08bln).
GEOGRAPHICAL BREAKDOWN:
- North America net sales 86.34bln (exp. 85.55bln).
- International net sales 31.94bln (exp. 32.47bln).
KEY METRICS:
- Third-party seller services net sales excluding F/X +16% (exp. +15.8%).
- AWS net sales excluding F/X +17% (exp. +14.5%).
- Operating income 15.31bln (exp. 10.95bln).
- Operating margin 10.7% (exp. 7.63%).
COMMENTARY:
- AWS’s growth rate now at USD 100bln annual revenue run rate.
Q2 GUIDANCE:
- Net sales 144-149bln (exp. 150.13bln).
- Operating income 10-14bln.
Reaction details (21:10)
- AMZN shares have been choppy, but are currently up 3% in after-hours trade.
Analysis details (21:10)
- Earnings call at 17:30EDT.
30 Apr 2024 - 21:01- Important- Source: Newswires
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