Financial market research and analysis

Our analysts have their fingers on the pulse of the world's financial market news.

CFD trading is high risk and may not be suitable for everyone.
Amazon Q3 earnings preview

Date of earnings release

10/26/17 after-market

 

The story

Amazon is leaving a wake of destruction behind it in the retail industry thanks to its dominance in e-commerce. Founder Jeff Bezos was briefly richest man in the world this year thanks to his stake in Amazon. Amazon has upped the ante in its expansion into grocery shopping with the purchase of Whole Foods. It still collaborates with Ocado and Morrison’s in the UK. Investors would probably have preferred a focus on growing areas of the business like its cloud division Amazon Web Services and popular devices like Amazon Echo and Fire TV. Shares have consolidated above $930 since the last earnings update when the company warned short term profits might be sacrificed for more investment spending.

 

Price chart

Price performance

5yr – +325%

YTD – +31%

Since last earnings date – from July 28 (after prior announcement) -3%

 

Earnings

EPS expectation for Q3: 1.883 (Adjusted), 0.040 (GAAP)

Revenue expectation for Q3: 41.443B

 

Revenue history and expectations

Source: Bloomberg, 23/10/17

 

Net income adj. history and expectations

Source: Bloomberg, 23/10/17


Valuation

Forward 12M P/E ratio: 182.36

 

The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced. Losses can exceed deposits.



The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.
Losses can exceed deposits.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.