Amazon’s ( AMZN ) Q4 2022 earnings report, released on Feb. 2, featured mixed results. The company clocked a revenue beat, but missed both EPS and Q1 guidance estimates. The e-commerce giant’s shares are down about 3% in after-hours trading. What follows are some key numbers from the report, as compared to analysts’ expectations compiled by Bloomberg. Q4 Net Sales : $149.2 billion actual versus $145.8 billion expected Q4 Online Stores Net Sales: $64.5 billion actual versus $65.03 billion expected Q4 Physical Stores Net Sales: $4.95 billion actual versus $4.93 billion expected Q4 Earnings Per Share (EPS): 3 cents actual versus 17 cents expected Q4 Amazon Web Services (AWS) Net Sales: $21.3 billion actual versus $21.76 billion expected Q4 Operating Income: $2.7 billion billion actual versus $2.51 billion expected That miss on AWS sales is especially a blow for Amazon, as its cloud division has long thrived as a stalwart of the company’s business. However, the cloud miss perhaps shouldn’t be a surprise – last week, Microsoft ( MSFT ) warned in its earnings call that cloud growth deceleration was on the horizon. Further, in 2022 overall, Amazon reported a net loss of $2.7 billion, tying off a tough […]
Amazon stock drops after revenue beat, EPS miss
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