Amazon (AMZN) will report fourth quarter results this afternoon and management will host a call at 17:30.
Analysts expect fourth quarter operating income down 28% to $2.73 bln, with EPS down 33% to $3.97 and revenue up 19% to $86.09 bln. Amazon guided for fourth quarter operating income of $1.2-2.9 bln on revenue of $66-70 bln.
The Street expects first quarter operating income down 9% to $4.0 bln with revenue up 20% to $71.6 bln.
TECHS:
With a market cap of ~$925 bln, the stock trades at ~20x forward cash flow estimates, a slight discount to Microsoft and a slight premium to Apple and Facebook
If you liked this content please click the ❤️ below and/or share this post.
TOTALLY FREE Trading Packet!
Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.
This packet will explain to you in depth how I trade and how I manage my risk.
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.
SHAMLESS PLUGS
CLICK HERE TO CHECK OUT MY 2020 PREVIEW OPINION PACKET. OVER 140 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.
Check out the latest episode of my podcast below.
RESULTS
Amazon beats Q4 profit, rev; guides Q1 inline
Q4 EPS $6.47 vs $3.98 S&P Capital IQ Consensus; operating income $3.9 vs. $2.7 bln est and $1.2-2.9 bln guidance; revs $87.4 vs $86.09 bln S&P Capital IQ Consensus Estimate
Sees Q1 OI $3.0-4.2 bln vs $4.0 Estimate; sees revs $69-73 bln vs $71.59 bln S&P Capital IQ Consensus Estimate
Operating cash flow increased 25% to $38.5 billion for the trailing twelve months, compared with $30.7 billion for the trailing twelve months ended December 31, 2018. Free cash flow increased to $25.8 billion for the trailing twelve months, compared with $19.4 billion for the trailing twelve months ended December 31, 2018. Free cash flow less principal repayments of finance leases and financing obligations increased to $16.2 billion for the trailing twelve months, compared with $11.6 billion for the trailing twelve months ended December 31, 2018. Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations increased to $12.5 billion for the trailing twelve months, compared with $8.4 billion for the trailing twelve months ended December 31, 2018.