AMZN: Amazon: Analysts Bury Their Heads In The Sand

Amazon: Analysts Bury Their Heads In The Sand
by Adam Levine-Weinberg

On Thursday afternoon, Amazon.com (AMZN) reported Q3 earnings. Amazon announced a loss of 23 cents per share (excluding a one-time charge related to Amazon's investment in LivingSocial) on revenue of $13.81 billion. This missed the analyst consensus for an adjusted loss of 8 cents per share on revenue of $13.9 billion. However, it fell within Amazon's typically large guidance window for revenue between $12.9 billion and $14.3 billion, and the operating loss of $28 million modestly beat guidance for an operating loss between $350 million and $50 million. read more »

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