January 28, 2013
Current Quarter Consensus EPS Too Low at AMZN –
But, FY 2013 EPS Estimates Still Too High
Big picture, one chart says it all for Amazon (AMZN – $283.99).
The International Division’s EBIT margin continues to implode. But the North American Division has begun to deliver improved levels of profitability.
Despite the profitability improvement of late in the North American Division, we’re still well below consensus next year.
In FY 2013, we’re forecasting EPS of $0.95 versus the current consensus sell-side estimate of $1.70. See inputs below.
