Thursday, January 29, 2009
Amazon Announce Q4 Earnings After the Bell
It is the day many of you have been waiting for, the day that Amazon announces how well they did during the 4th Quarter and also the day we see if "it's the economy, stupid" or there is some other reason eBay is faltering.
I think most analysts anticipate that Amazon had a good quarter so, if the numbers just meet expectations the stock will probably remain range bound. If the numbers are better than expected the share price should do well after hours.
I am very curious to see if Amazon will follow eBay's lead and only give Q1 guidance, or if they will look further down the road to assure investors and other stakeholders that they see light at the end of the tunnel. 3P merchants have just as much interest in this as investors do.
I'll be back later today with the numbers.
Just my 15%