The e-commerce giant Amazon reported the expected fourth quarter financial results for the night. In particular, the highest profitability has made investors happy. However, a disappointing perspective for the first quarter weighed on feeling.
An overview of Q4 Business Figures from Amazon.com (Forecasts):
Sales: 72,400 million dollars (71,900 million)
Earnings per share: $ 6.04 (5.68)
AWS (Cloud): $ 7.43 million (7.30)
The fourth quarter is traditionally the strongest sales year-round due to Christmas holidays.
The sales increase was 20 percent and, therefore, two percentage points stronger than expected. With annual revenues well beyond the 200 billion dollars, analysts speculate for a while about a slowdown in growth. However, it was not clear to the end how strong this might be.
Another focus of the electronic commerce giant is in the AWS cloud sector. Cloud storage and storage services are growing rapidly and historically they have contributed 50 percent to operating profits in the past. With an operating profit of $ 2.18 billion in the last three months, AWS not only cemented its reputation as a cow of money, but also claimed leadership in the cloud market against competitors such as Microsoft and Google. Analysts estimate the value of the daughter in the case of a spin-off at 350 billion dollars.
In the stock market, the stock initially rose to $ 1,734 after the stock market. Currently the title is quoted at $ 1,685.
As a mumble murderer, the outlook for the first quarter of 2019 came out at night.
With Amazon's e-commerce volume decreasing and regulatory barriers in India, Amazon expects to raise revenue in the range of $ 56-60 million. Analysts have calculated on average a turnover of 60,800 million dollars.
The SHAREHOLDER confirms its positive vision of the stock taking into account the strength of the numbers and maintains its recommendation of purchase despite the expected slight decline in growth during the first quarter.