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Amazon Earnings Preview: 5 Things to Watch


Added 04-16-19 08:04:02pm EST - “Will the e-commerce powerhouse soar past earnings expectations again? Investors will find out on April 25.” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Amazon Earnings Preview: 5 Things to Watch”. Below is an excerpt from the article.

Amazon.com (NASDAQ: AMZN) is slated to report its first-quarter 2019 results after the market closes on April 25.

As it did last quarter, the e-commerce and cloud computing giant is going into this report with investors likely not quite as confident as they were prior to its release of results for the first three quarters of last year. While Amazon trounced Wall Street's earnings expectations in all four quarters of 2018, in Q4, it released lighter-than-anticipated Q1 2019 revenue guidance. A similar scenario played out in Q3.  

While the stock has pulled back considerably since its autumn peak, shares of Amazon are still 28.9% higher than they were on April 15, 2018. That's a strong performance, as the S&P 500 has returned 11.6% over the last 12 months.

For Q1, Amazon expects operating income of $2.3 billion to $3.3 billion, representing growth of 21% to 74% year over year. For context, operating income growth for the previous four quarters was as follows: 78% (Q4), 966% (Q3), 378% (Q2), and 92% (Q1). For 2018 overall, operating income increased 203% -- in other words, it tripled. 

For greater context, here are the company's year-over-year revenue and earnings growth results for the previous four quarters:

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