Amazon.com (Nasdaq: AMZN ) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Amazon.com met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share dropped to a loss.
Gross margins grew, operating margins shrank, net margins dropped.
Amazon.com reported revenue of $13.81 billion. The 38 analysts polled by S&P Capital IQ expected a top line of $13.91 billion on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $10.88 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 -$0.23. The 27 earnings estimates compiled by S&P Capital IQ forecast -$0.06 per share. GAAP EPS were -$0.61 for Q3 against $0.14 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 25.3%, 180 basis points better than the prior-year quarter. Operating margin was -0.2%, 90 basis points worse than the prior-year quarter. Net margin was -2.0%, 260 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $22.79 billion. On the bottom line, the average EPS estimate is $0.57.
Next year's average estimate for revenue is $62.74 billion. The average EPS estimate is $0.86.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 5,303 members out of 6,628 rating the stock outperform, and 1,325 members rating it underperform. Among 1,638 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,357 give Amazon.com a green thumbs-up, and 281 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 $269.55.
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