Earnings Preview for Amazon (AMZN) 4Q 2011
January 27, 2012
Amazon.com (AMZN) is scheduled to report 4Q 2011 earnings after the closing bell on Tuesday, January 31. Results are typically released between 4:01 and 4:10 p.m. EST. A conference call will follow at 5:00 p.m. EST. Amazon.com shares are up more than 11% YTD amid expectations for a strong earnings release, based on strong sales of the Kindle e-reader and Fire tablet and record-breaking holiday season for businesses that sell on Amazon. However, a recent report from comScore hinted that online holiday sales through Christmas called into question Amazon’s ability to top its sales forecast provided in October. Valuation is also quite rich, suggesting that any missteps could have negative consequences for Amazon shares.
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