Amazon.com Inc. (NASDAQ:AMZN) is scheduled to report its fourth quarter fiscal 2011 results today. We witness limited movements in analyst estimates in the build-up to the release.
Prior-Quarter Synopsis
Amazon’s third-quarter revenue growth was strong, but earnings missed the Zacks Consensus Estimate by 10 cents, impacted by higher expenses.
The company reported revenues of $10.88 billion, up 9.7% sequentially and 43.9% year over year (exceeding the mid-point of management’s guided range). Key … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards