Amazon .com, Inc. (NASDAQ: AMZN) crushed analysts’ forecasts for the second quarter of 2018, reporting EPS of $5.07, crushing the forecast of $2.50 per share. Revenue in the quarter came in at $52.89 billion, more than 39% when compared to the same quarter last year.
Amazon Web Services revenue totaled to $6.1 billion, up 49 percent year-over-year. The Wall Street was expecting the company to report AWS revenue of $6 billion.
Amazon Cloud remains the biggest growth catalyst for the stock. Wedbush Securities analyst Michael Pachter in a report called Amazon ’s gross profit margin “remarkable” and also praised the company’s Cloud and third-party business.
For this year Amazon 's revenue will be around 234,86 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2017's revenue of 177,87 billion USD.
The analysts expect for 2018 a net profit of 8,73 billion USD. For this year the consensus of the result per share is a profit of 17,3 USD. So the price/earnings-ratio equals a very huge 109,05.
Analysts don't expect the company to pay a dividend. The average dividend yield of the general retailers is a limited 1 percent.
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