[Rewards] Amazon Q2 2022 Earnings Highlights
Amazon's cloud-computing revenue top the market’s estimate with expanded Prime benefits
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KEY Figures:
● Net sales increased 7% to $121.2 billion in the Q2, with operating cash flow decreased 40% to $35.6 billion for the trailing twelve months.
● Net loss was $2 billion in the Q2, or $0.20 for diluted EPS, compared with the net income of $7.8 billion, or $0.76 for diluted EPS YoY.
● The Q2 pre-tax valuation loss was up to $3.9 billion including a non-operating expense from AMZN's investment in Rivian Automotive.
● AWS strengthened its partner network of more than 100,000 systems integrators and independent software vendors around the world.
● Q3 2022 Net sales are expected to be between $125 bn and $130 bn, growing between 13% and 17% compared with 21Q3. The unfavorable impact of foreign exchange rates is counted.
● Q3 2022 Operating income is expected to be between $0 and $3.5 bn, less than the $4.9 bn one year ago.
More statistics:
![[Rewards] Amazon Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/e4a64f2d03d732dab01230517433ac25.png/bigmoo)
![[Rewards] Amazon Q2 2022 Earnings Highlights](https://ussnsimg.moomoo.com/77777008/editor_image/7593881349b03c28bfd73f504ddd48d4.png/bigmoo)
KEY Points:
● AWS continues to be the most broadly adopted set of cloud services and announced new commitments from customers like Delta Air Lines, Riot Games, Jefferies and so on.
● Amazon US introduced new offers for Prime members, including a free Grubhub+ membership, a new year-round 20% discount on select everyday essentials at Amazon Fresh stores, and exclusive deals on home entertainment items.
● Amazon continues to invent new fashion shopping experiences for customers, launching Virtual Try-On for Shoes, where shoppers can virtually try on thousands of sneaker styles, and Luxury Stores at Amazon online.
● E-commerce sales as a percent of total sales might decline when consumers back to old purchasing habits after the COVID impact.
● AWS’ rival: Google cloud growth is now slowing, and for Microsoft Azure, whose growth in cloud consumption is moderated during the latest quarter because of the customer side influence.
● There is a potential recession ahead, and recent monthly data show that fuel and food prices have increased much. In that case, AMZN's margins will likely fall as operating expenses rise faster.
The KEY in your hands:
By July 2022, AWZN’s share price has dropped about 19% since the start of 2022, underperforming the S&P 500, which is about 14% declined in the same period.
Therefore, how do you see the AMZN currently? What is your opinion or analysis about it? Speak out with mooers and get inspired by sharing!
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Disclaimer:
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anchovy3 : I’ve been buying the dip on Amazon. It’s a large company that is infiltrating so many parts of international life, so it’s a safe bet in the long run. That being said, I’m not investing too heavily, since the company is facing many immediate challenges. They have major labor issues which are only starting to be addressed, as well as having high energy consumption which will increase in cost. With consumers watching their wallets, sales will dip as will profit margins. They are investing heavily in innovation, including drone delivery, so I think there is a lot of growth potential in the future.
CryptoChristopher : Amazon's focus is growth, and that's likely what they will keep doing. The share price has dipped in recent months, but the general trend has been and probably will be up. This is a good time to take advantage of a slight dip. I imagine with the dip in the advertising sector Google is shifting some focus from ad revenue to other areas such as cloud services, so expect AWS to fight to keep/grow market share. Amazon is probably willing to undercut prices, since we all know they are willing to take short term losses in margin in exchange for growth. Google likes growth but Amazon is willing to take bigger losses to beat out Google. (referring specifically to cloud services)
Pjun : never worried about Amazon earning. just buy on dip and hold for long terms
Srikanth Reddy :
Milk The Cow : I'd checked $Amazon (AMZN.US)$ report.
, but no matter how many times I look at it again, I still think that it is overvalued for mid-term investors in the current bad economy...
why big investors put so much trust onto the AWS...
.
if u 
️ 
...
Idk
Idk
For short-term investors or traders is actually a good thing as big investors are pouring in
For long-term investors like 10 to 15 years, it should be OK
COST1R8M : Why?
Lionnell : some chatter this could be the next to crank.. Lets get it
Deep Value COST1R8M: In us page ?
squalolo : amazon never fails to innovate and try new stuffs. a company with good potential, it will do well in the long run. regardless of price, I would continue to dca :).
M O B : Amazon has always been an outstanding company and definitely is something that I would include in my portfolio. ..huge range for some growth potential.