Amazon GAAP EPS of $1.43 beats by $0.29, revenue of $158.88B beats by $1.6B
by Contributor since / Followers
12 hours ago
Amazon press release (NASDAQ:AMZN): Q3 GAAP EPS of $1.43 beats by $0.29.
Revenue of $158.88B (+11.0% Y/Y) beats by $1.6B.
North America segment sales increased 9% year-over-year to $95.5 billion.
International segment sales increased 12% year-over-year to $35.9 billion.
AWS segment sales increased 19% year-over-year to $27.5 billion.
Operating cash flow increased 57% to $112.7 billion for the trailing twelve months, compared with $71.7 billion for the trailing twelve months ended September 30, 2023.
Free cash flow increased to $47.7 billion for the trailing twelve months, compared with $21.4 billion for the trailing twelve months ended September 30, 2023.
Q4 Guidance: Net sales are expected to be between $181.5 billion and $188.5 billion vs. consensus of $186.26B, or to grow between 7% and 11% compared with fourth quarter 2023. This guidance anticipates an unfavorable impact of approximately 10 basis points from foreign exchange rates.
Operating income is expected to be between $16.0 billion and $20.0 billion, compared with $13.2 billion in fourth quarter 2023.
This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.