Amazon.com, Inc. (AMZN) reported that its fourth-quarter net income decreased to $177 million or $0.38 per share, from $416 million, or $0.91 per share, in fourth quarter 2010. Analysts polled by Thomson Reuters expected the company to report earnings of $0.19 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales increased 35% to $17.43 billion in the fourth quarter, compared with $12.95 billion in fourth quarter 2010. Excluding the $101 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 34% compared with fourth quarter 2010. Thirty six analysts had consensus revenue estimate of $18.21 billion for the quarter.
For the first quarter of 2012, net sales are expected to be between $12.0 billion and $13.4 billion, or to grow between 22% and 36% compared with first quarter 2011. Operating results is expected to be between loss $200 million and profit $100 million, or between 162% decline and 69% decline compared with first quarter 2011. Twenty four analysts have consensus revenue estimate of $13.41 billion for the first-quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.