Last week's earnings call from (NASDAQ:AMZN) has led to a lot of conflicting reactions, analyses, and opinions.

In this video segment, Motley Fool analysts Dylan Lewis and Sean O'Reilly talk about how they're feeling about the company, and how investors should look at companies that -- like -- are volatile on the bottom line.

A transcript follows the video.


This podcast was recorded on Jan. 29, 2016.

Dylan Lewis: Wall Street was disappointed, some of the headline figures that a lot of people tend to fixate on these quick briefs were disappointing. Sounds like things were pretty good. What is the outlook like for the company over the next year or two?

Sean O'Reilly: They were pretty conservative with their outlook. They guided for revenues in the first quarter of about $29 billion to $31 billion, I mean, obviously, the fourth quarter is always way bigger because of Christmas and all that. But they were pretty conservative. None of the analysis that I read seemed to imply that Wall Street was disappointed with the forward guidance; they were just mad that they missed on gap earnings, and that was it. But the trends that I'm seeing, and the absolute dollar numbers are awesome.

Lewis: So maybe the lesson here is, as a company is newly profitable, there is going to be some volatility in what that profitability looks like, particularly if it's a high-growth company that takes a lot of moonshot projects on.

O'Reilly: Exactly, yeah. So, I like what's going on. Anyway.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.