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Amazon.com Issues Q3 2012 Guidance; Earnings Guidance Below Analysts' Estimates


Thursday, 26 Jul 2012 04:00pm EDT 

Amazon.com announced that for the third quarter of 2012, it expects net sales to be between $12.9 billion and $14.3 billion, or to grow between 19% and 31% compared with third quarter 2011. Operating income (loss) is expected to be between $(350) million and $(50) million. This guidance includes approximately $275 million for stock-based compensation and amortization of intangible assets, and it assumes, among other things, that no additional business acquisitions, investments, or legal settlements are concluded and that there are no further revisions to stock-based compensation estimates. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $14.1 billion and operating income of $164 million for the third quarter of 2012. 

Company Quote

346.2
18.28 +5.57%
11 Jul 2014