Amazon.com (Nasdaq: AMZN) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Amazon.com met expectations on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share contracted to a loss.

Gross margins increased, operating margins dropped, net margins contracted.

Revenue details
Amazon.com recorded revenue of $15.70 billion. The 38 analysts polled by S&P Capital IQ anticipated a top line of $15.74 billion on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $12.83 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at -$0.02. The 36 earnings estimates compiled by S&P Capital IQ forecast $0.05 per share. GAAP EPS were -$0.02 for Q2 versus $0.01 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 28.6%, 250 basis points better than the prior-year quarter. Operating margin was 0.5%, 30 basis points worse than the prior-year quarter. Net margin was 0.0%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $16.89 billion. On the bottom line, the average EPS estimate is $0.07.

Next year's average estimate for revenue is $74.70 billion. The average EPS estimate is $1.23.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 5,460 members out of 6,854 rating the stock outperform, and 1,394 members rating it underperform. Among 1,794 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,553 give Amazon.com a green thumbs-up, and 241 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 $311.26.

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