Company Earnings UpdateAmazon (AMZN) 4Q16 Results: Earnings Beat, Revenue and Guidance Below Expectations Coresight Research February 3, 2017 Executive Summary Amazon reported 4Q16 EPS of $1.54, compared with $1.00 in the year-ago quarter and beating the $1.37 consensus estimate. Net sales were $43.7 billion, up 22.4% year over year but missing the $44.7 billion consensus estimate. Amazon Web Services (AWS) revenues was up 47.0% but missed consensus estimates. The division contributed 74% of operating profit in the quarter. Revenue and EPS guidance for 1Q17 were both below consensus estimates. 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: Test post for search
