Consumer Discretionary

Amazon.com (AMZN) reported Q4 earnings late Thursday of $1.86 per diluted share, up from $1 a year earlier. Analysts surveyed by FactSet expected $1.49. Net sales for the quarter ended Dec. 31 rose to $187.79 billion from $169.96 billion a year earlier. Analysts surveyed by FactSet expected $187.31 billion. The company expects Q1 net sales of $151 billion and $155.5 billion. Analysts surveyed by FactSet expect $158.56 billion. The company expects operating income for the quarter between $14 billion and $18 billion, compared with $15.3 billion a year earlier.

Amazon.com Inc (NASDAQ:AMZN) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Amazon.com reported fourth-quarter net sales of $187.8 billion, up 10% year-over-year. The net sales beat a Street consensus estimate of $187.3 billion according to data from Benzinga Pro. The company reported fourth-quarter earnings per share of $1.86, beating a Street consensus estimate of $1.48. By operating segment, here were the net sales: North America; $115.6 billion, +10% year-over-year International: $43.4 billion, +8% year-over-year AWS: $28.8 billion, +19% year-over-year. The company reported operating income of $21.2 billion in the fourth quarter, up from $13.2 billion in last year’s fourth quarter. Here was the operating income breakdown by segment, with last year’s fourth-quarter total in parentheses: North America: $9.3 billion ($6.5 billion) International: $1.3 billion (loss of $400 million) AWS: $10.6 billion ($7.2 billion) “The holiday shopping season was the most successful yet for Amazon

Amazon.com shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a record amount on capital expenditure to build infrastructure for artificial-intelligence services. The company’s net sales rose 10% from a year earlier to $187.79 billion for the three months through December. Its net income was $20 billion. Its sales were in line with analysts’ expectations, while its profit was higher than predicted. Revenue from Amazon’s cloud-computing unit, Amazon Web Services, grew 19% to $28.79 billion, slightly lower than the $28.87 billion that analysts polled by FactSet had expected. Analysts said they were closely monitoring this number after  disappointing cloud-computing results from Alphabet and Microsoft. The company projected net sales to be between $151 billion and $155.5 billion, lower than the $158.56 billion that Wall Street was expecting. Amazon stock — which has climbed around 40% in the past 12 months — fell around

Amazon (AMZN) late Thursday reported stronger-than-expected fourth-quarter results, though the e-commerce giant’s revenue outlook for the first quarter fell short of Wall Street’s estimates. Per-share earnings jumped to $1.86 for the three months through Dec. 31 from $1 a year earlier, topping the FactSet-polled GAAP consensus of $1.49. Sales increased 10% year-over-year to $187.79 billion, higher than the Street’s $187.31 billion view. Amazon expects first-quarter revenue of $151 billion to $155.5 billion, reflecting annual growth between 5% and 9%. Analysts were looking for $158.56 billion. The guidance reflects “an unusually large, unfavorable impact” of about $2.1 billion tied to foreign exchange rates, the company said. In addition, the 2024 first quarter benefited from the leap year impact, which added roughly $1.5 billion in sales. Shares were down 2.2% in after-hours trading. For the final quarter of 2024, sales at the Amazon Web Services cloud computing division rose 19% annually to

Amazon.com stock climbed to a record intraday high on Tuesday, and analysts say investors could expect the good times to keep going in 2025. Shares of the e-commerce company rose 2.3% to $240.83, putting it in position for a record close, according to Dow Jones Market Data. The stock briefly touched a new intraday high of $241.77. That pushed its market capitalization to more than $2.5 trillion for the first time, though the number slipped to $2.48 trillion in afternoon trading. The most recent gains could reflect investor optimism ahead of Amazon’s fourth-quarter results, which are slated for release on Feb. 6. Analysts surveyed by FactSet remain bullish: The average call among nearly 100 ratings is Buy or the equivalent. Wedbush analysts reiterated a Outperform rating on the stock on Tuesday while lifting their target for the price to $280 from $260. The new price target suggests a potential upside