AMZN gave a blowout Q2 by blowing away estimates in both Sales & EPS.
AMZN guiding Sales way ahead of consensus.
Here are AMZN Q2 actual & Q3 guidance....
Sales Actual $9.91 billion ..... consensus $9.37 billion, beats by $540 million
EPS actual 41 cents...... consensus 35 cents, beats by 6 cents
Q3 Sales guidance $10.7 billion....consensus was $10.32 billion..guiding higher by $380 million
AMZN stock UP by $13.24 per share or +6.18% @ bid
Conference call was extremely upbeat..AMZN is highly focused in growing their business.
BLOG does NOT give buy or sell.
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