AMZN reported Q4 & guidance for Q1 as given below :
Sales consensus $18.3 billion , EPS expectation 17 cents
Sales Actual $17.4 Billion, EPS 38 cents or profit of $177 Million
Q1 consensus Sales $13.4 Billion, EPS 35 cents
Q1 guidance Sales $12 billion to $13.4 Billion, EPS <$200 Million> to profit of $100 Million
Conference call was conducted with confidence & focus on growth ahead. Guidance was dubbed "conservative" by CFO.....
I am thinking of keeping AMZN for now, based on cc Q & A.
AMZN trading AH @ $178 Down $16.44 or 8.46%
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEEM
YOU all ways have a nose for what to do.
I am holding till the morning to see the days action
Hoping for some pop
C
Hi C,
AMZN business focus remains on growth....which is good enough for me.
Good luck with your AM decision.
Saleem
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