Amazon Poised To Deliver Robust Q4 2015 Results

Amazon is scheduled to report its financial results for the fourth quarter on Thursday, January 28th. Notwithstanding the 10% fall in its stock price since the start of this year, Amazon has given investors enough to cheer about in recent quarters with its value up over 90% in the last 12 months. In the upcoming Q4 2015 earnings conference, we expect the company to report solid results driven by both an acceleration in top line growth and an improvement in profitability. Amazon is expected to report around 23% year-over-year (y-o-y) growth in its top line and meet the Reuters’ compiled consensus estimate of $35.98 billion, up from $29.33 billion last year. In terms of bottom line results, Amazon is expected to continue with its robust gains in profitability and report earnings of $1.56 per share, up from 45 cents a share in the prior year quarter.

from Forbes – Tech http://ift.tt/1UqTehg
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