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Holy Mackeral! Amazon, Huge Beat -- No Wonder It's Called "Amazon" -- Trading At All-Time High -- April 26, 2018link :
Holy Mackeral! Amazon, Huge Beat -- No Wonder It's Called "Amazon" -- Trading At All-Time High -- April 26, 2018
Holy Mackeral! Amazon, Huge Beat -- No Wonder It's Called "Amazon" -- Trading At All-Time High -- April 26, 2018
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Starbucks meets/exceeds and yet shares are down significantly -- giving back its entire recent gain.
But look at Amazon! Delivers huge profit surprise. "We've never seen companies of this size grow at this rate." Shares up 4% at the market close, and after results released after hours, Amazon up almost 7%.
- EPS of $3.27 versus ... are you sitting down? ... $1.27
- revenues: $51 billion; vs expectations of $49.96
- but look at that -- revenues beat expectations -- okay -- but look at EPS -- huge jump -- much greater than revenues would suggest -- this tells me that Bezos has "huge" control of costs
A snarky note: Expedia, among the "travel" sites, did very, very badly. Shares are up, but the story is quite bad. If there's one television ad that I dislike the most: Trivago.
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