Saturday, July 30, 2016

AMAZON.COM overwrites the consensus in the third quarter – Le Figaro

(AOF) – issued last night much better than expected thanks to good performance of AWS, its subsidiary specializing in IT cloud computing. In the second quarter, net profit of the group was $ 857 million or $ 1.78 per share, against a net profit of $ 92 million representing 19 cents per share, a year earlier. The consensus was much lower: $ 1.11! Operating income, he spent 464 million dollars to 1.285 billion dollars while the group was the best $ 975 million.

AWS recorded an operating profit of € 718 million against € 302 million in the second quarter, 2015.

the group’s sales were up 28% to $ 29.1 billion, exceeding the consensus of $ 29.55 billion. They are also above the average forecast of 29.25 billion dollars.

In terms of outlook for the second quarter 2016, net sales of the group are expected between 31 and 33.5 billion dollars, compared to market expectations of $ 31.6 billion. Operating profit should be between 50 and 650 million dollars compared to 406 million in the third quarter 2015

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