Company Earnings UpdateAmazon (AMZN) 1Q17 Results: Beats Consensus, Guides Down for 2Q Profit Coresight Research April 28, 2017 Executive Summary Amazon reported 1Q17 EPS of $1.48, compared with $1.07 in the year-ago quarter and beating the $1.08 consensus estimate. Net sales were $35.7 billion, up 22.6% year over year and beating the $35.3 billion consensus estimate. Amazon Web Services (AWS) continued to be a strong business driver, with revenues up 42.7%. The segment contributed 89% of operating profit in the quarter. Guidance for 2Q17 is for revenues of $35.25–$37.75 billion, in line with consensus, and for operating income of $425 million–$1.075 billion, below consensus of $1.46 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sentiment; Tariff Perceptions; Inflation Reactions—Taking the Consumer Pulse on Essentials: US Consumer Survey InsightsGroceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified VisionThree Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestRolling Metric Declines This Week: Weekly US Consumer Sentiment, Week 34, 2025—Infographic
