SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sean G. who wrote (23300)10/27/1998 11:41:00 PM
From: SilverAG  Read Replies (1) of 164684
 
Here's my rough estimate for AMZN earnings:

3Q98 (est.)
----------------
Revenues 150.0
Cost of Sales (117.0)*
Other Expenses (60.0)**

Interest Expense (7.6)

Net income (34.6)

EPS (0.70)***

* assume 22% margin
** Other Expenses estimated by adding previous quarter's operating expense (43.2) +
Junglees acquisition charge (15.0)
*** assume 49.5 million shares outstanding

Assumptions: Revenues $150, Gross margin 22%
Interest Expense: Same as last quarter
Operating Expense: Same as last quarter

I have used very optimistic assumptions in this analysis-
I assume a high revenue growth, and low operating & interest expenses.

If you do not include the Junglee charge in Other Expenses that would
add $15 to the bottom line and you get an EPS of (0.40) which is
close to whisper numbers. Add the 15 million acquisition charge and
you get (0.70).

Am I missing something here????

I don't believe that analysts have included the amortization charge
in their earnings estimates!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext