Amazon wins Q4 expectations, forecasts a slower growth of Q1
E-trade and technological giant Amazon They reported better than expected earnings and revenues for the fourth quarter, but the company officials envisioned a slower growth for the upcoming period.
Companies with a company based in Seattlu for net sales in the first quarter are between $ 151 billion and $ 155.5 billion, which is lower than $ 158.56 billion that analysts expected.
The guidelines envisage adverse effects on foreign exchange course, said CFO Brian Olsavsky.
“We evaluate the impact of changes in foreign exchange courses year by year based on liquid rates, which we expect to be a wind of approximately $ 2.1 billion in Q1 years during the year, or 150 base points,” Olsavsky said during a call with call with call with By calling analysts after the market has closed on Thursday. “Global currencies can fluctuate during the quarter, just as we saw in the Q4 with the strengthening of dollars compared to most other currencies.”
Amazon’s operating revenue is expected to be between $ 14 billion and $ 18 billion in the first quarter.
Amazon (Nasdaq: AMZN) Published the revenue of the fourth quarter of $ 187.8 billion, which is 10.4% compared to the year compared to the same period compared to the same period 2023.
The company informed the adapted earnings per share of $ 1,86 for that period, which is 86% compared to one year in the fourth quarter of 2023.
Amazon won the Wall Street expectations for the fourth quarter of $ 187.3 billion and adjusted to earning a share of $ 1,49.
Due to his online shopping business, Amazon reported on three -month revenues of $ 75.5 billion, which is 7% compared to the year in the same period in the same period 2023.
“Customers still want Amazon to be a place to rely on sharp prices,” said executive director Andy Jassy during an analyst call. “Our delivery speed continues to accelerate in 2024, which was another record year for premiere.”
Operational revenues increased 60.6% compared to the year to $ 21.2 billion, while net income increased to 88.6% of the year at $ 20 billion in the third quarter.
Company sales in North America increased by 10% compared to the year to $ 115.6 billion, while its international sales compared to the year increased by $ 9% to $ 43.4 billion.
Amazon has expanded the number of delivery seats on the same day by more than 60% in 2024. And now he serves more than 140 metro areas, Jassy states.
“We have delivered over 9 billion units the same day around the world,” he said. “We also spent a lot of time optimizing the number of items we send to customers in the same package, which reduces the packaging, is more appropriate for customers and cheaper for us.”
Jassy said Amazon also finds ways to optimize his delivery systems.