After a blockbuster year delivering a significant improvement in profitability, investor expectations were high for Amazon‘s fourth quarter results. But the online retailer failed to meet consensus estimates for both the top and bottom line. Amazon’s net sales grew about 22% year-over-year (y-o-y) to $35.7 billion in Q4 2015, compared to Reuters’ compiled analyst expectations of $35.9 billion. Its net income more than doubled y-o-y to $482 million or $1.00 per share, but it still missed consensus estimates of $1.56 a share. 

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