2016-10-27 — usatoday.com
Amazon posted a big miss on earnings Thursday but the company's revenue was close to what had been predicted.... The Seattle-based company reported earnings per share of 52 cents, versus an expected 82 cents as polled by S&P Global Market Intelligence.
For the all-important fourth quarter and its holiday sales season, Amazon gave guidance that net sales were expected to be between $42.0 billion and $45.5 billion, which would be between 17% and 27% growth compared with fourth quarter of 2015. Operating income was expected to be between $0 and $1.25 billion, compared with $1.1 billion in fourth quarter 2015.
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