Thursday, January 29, 2009

Amazon Beats the Street!

This just in. Amazon beat the Street's estimates for Q4, both on the revenue side and on the bottom line.  North American revenue gre 18% Y/Y and International revenue gre 19%  Y/Y.

According to MarketWatch:
Amazon reported earnings of $225 million, or 52 cents a share, compared to earnings of $207 million, or 48 cents a share, for the same period the previous year. Revenue grew 18% to $6.7 billion. Analysts had been looking for earnings of 40 cents a share on revenue of $6.48 billion, according to consensus estimates from FactSet Research.

Guidance for call for Q1 revenue of $4.525 and $4.92 billion and operating income of $125 million to $210 million

Amazon did not offer full-year guidance, basically because nobody else is so this allows them to follow suit. That's just my opinion so take it for what its worth.

More detail after the conference call. Apparently, it wasn't the economy.

Update: Here is the link to the earnings press release

Just my 15%

6 comments:

Judy said...

Fantastic result, well done, Amazon.

You're right, Randy, eBay can't keep on blaming 'the economy' for their own poor 4Q result. So I wonder who and what else they're going to try and blame now?

Tony P. said...

WOW. Simply, freakin' WOW.

And to think... they don't have VOIP phonage, a payment processor, a shopping comparison site, a slew of classified sites, paid click-ads, ???

Did I leave anything out? Oh yeah, they don't have JD and Disruptive Innovation.

OH, maybe that's why:

Amazon stock soars on strong profit and outlook!

http://money.aol.com/news/articles/_a/bbdp/amazon-stock-soars-as-4q-profit-climbs-9/322662

ms.pat said...

This is wonderful news!!! WHOOOPEEE! Call me what you will I want to see Ebay's smug nose in the mud, I want to see JD on the unemployment line. I DO feel this way because of the thousands of small sellers whose business was wrecked by this maniac! In plain english I want to see Ebay die and I make no bones about it!

Anonymous said...

Thanks for the article link, Tony. I always notice when I read stuff about Amazon, there are never many comments afterwards. Anything printed about Ebay, you'll see about 6 dozen or more hateful, bitter comments.

nadine said...

Hi Tony P., Yes you did leave one thing out: Amazon DOES have JD and Disruptive Innovation to thank for its influx of good 3P sellers, all grateful simply to be treated in a professional, businesslike manner.

Seriously, Amazon could not have pulled this off in a bad quarter for retail without JD messing up eBay so royally. They should send him a bunch of flowers and a thank you note.

Someday, someone with a psych degree is going to write "The Psychological History of eBay and its Seller Community." It will make interesting reading.

cmt said...

I'm with ms. Pat on this one.