Amazon.com (Nasdaq: AMZN ) reported earnings on April 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Amazon.com beat expectations on revenues and earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share shrank significantly.
Gross margins increased, operating margins contracted, and net margins shrank.
Amazon.com logged revenue of $13.19 billion. The 32 analysts polled by S&P Capital IQ predicted a top line of $12.91 billion on the same basis. GAAP reported sales were 34% higher than the prior-year quarter's $9.86 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.28. The 30 earnings estimates compiled by S&P Capital IQ anticipated $0.07 per share. GAAP EPS of $0.28 for Q1 were 36% lower than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 24.0%, 120 basis points better than the prior-year quarter. Operating margin was 1.5%, 180 basis points worse than the prior-year quarter. Net margin was 1.0%, 100 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $12.86 billion. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $62.92 billion. The average EPS estimate is $1.24.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 5,214 members out of 6,431 rating the stock outperform, and 1,217 members rating it underperform. Among 1,640 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,403 give Amazon.com a green thumbs-up, and 237 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Amazon.com is outperform, with an average price target of $216.43.
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