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Amazon.com Inc Issues Q3 2013 Guidance Mixed Guidance


Thursday, 25 Jul 2013 04:01pm EDT 

Amazon.com Inc announced that for third quarter of 2013, it expects net sales to be between $15.45 billion and $17.15 billion, or to grow between 12% and 24% compared with third quarter 2012. Operating loss is expected to be between $440 million and $65 million, compared to $28 million in third quarter 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $16.9 billion and EBIT of $84 million for the third quarter of 2013.