Amazon.com sees Q2 revenue $51B-$54B, consensus $52.2B - InvestingChannel

Amazon.com sees Q2 revenue $51B-$54B, consensus $52.2B

Amazon.com said Q2 sales are expected to be between $51.0B-$54.0B, or to grow between 34% and 42% compared with second quarter 2017. This guidance anticipates a favorable impact of approximately $1.2B or 320 basis points from foreign exchange rates. Operating income is expected to be between $1.1B-$1.9B, compared with $628M last year.