Notable Mover: Amazon.com, Inc. (NASDAQ:AMZN)

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Amazon.com, Inc. (NASDAQ:AMZN) reported earnings for the three months ended March 2016 on April 28, 2016. The company earned $1.07 per share on revenue of $29.13B. Analysts had been modeling earning per share of $0.58 with $27.98B in revenue.

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo, as well as fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it offers compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Amazon.com, Inc. earnings per share showed an increasing trend of 339.5% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 992%.Analysts project EPS growth over the next 5 years at 48.44%. It has EPS annual decline over the past 5 fiscal years of -13.1% when sales grew 25.6. It reported 28.2% sales growth, and 970.1% EPS growth in the last quarter.

The stock is trading at $717.51, up 69.76% from 52-week low of $425.57. The stock trades down -1.91% from its peak of $731.5 and % below the consensus price target of $800.92. Its volume clocked up at 3.09 million shares which is lower than the average volume of 3.89 million shares. Its market capitalization currently stands at $337.01B.

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