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Amazon reaches a billion dollars after exceeding the expectations of results


Amazon He presented his annual results at the close of Wall Street yesterday. Figures that have had a very good reception in the parquet where it is rising more than 8% for the first time exceeding $ 2,055 per share. Thanks to this price has surpassed for the first time in its history the trillion dollars of capitalization. This is the fourth company that manages to enter this select group, the last to do so was Alphabet (Google)

Specifically, it has presented revenues of $ 87.4 billion, 2% above consensus estimates, which anticipated revenues of $ 85,970 million.

Although what is most celebrating the market is the profit per share (BPA). The company of Jeff Bezos has far exceeded expectations and declared $ 6.47, compared to 4.05 I expected the consensus, 60% more.

An important part of their income comes from users with a Prime account. "We have more than 150 million Prime members around the world, "said Jeff Bezos, founder and CEO of Amazon. For the company, this sector is a very important part, so much so that The number of orders delivered in less than one day has quadrupled in the last quarter of 2019 compared to the same period of the previous year.

The last months of 2019 have been especially good for Amazon. Beat all your sales expectations both on Black Friday like in the Christmas campaign. Bezos came to ensure that Christmas 2019 was "better than ever."

Several of the analysts who follow it on the stock market have taken advantage of Friday's increases to review their position at Amazon and are quite optimistic about the future. Both Morgan Stanley and BofA Securities have increased their target price in recent hours.

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