CRT Capital: Risk To Amazon EPS On Downside

CRT Capital cut its Amazon.com, Inc. AMZN FY15 EPS and revenue to account for headwinds from a stronger U.S. dollar. The analyst estimates, which are already below much of the Street, now peg full-year revenue $101.9 billion with EPS of $4.53. CRT maintains its $325 price target.

For Q4 earnings, which Amazon is scheduled to report on Thursday, CRT maintains its current estimates of $29.2 billion in revenue and $0.85 in earnings per share. Comparatively, CRT puts the median Street forecast at $29.7 billion in revenue and EPS of $1.04.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst RatingsCRT Capital
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!