Amazon’s Spending Rises as Revenue Beats Estimates

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April 24 (Bloomberg) -- Amazon said expenses rose 23 percent during the first quarter, limiting profit to 23 cents a share on sales of $19.74 billion. Jon Erlichman breaks down the numbers on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Two sets of numbers.

They give us what they are expecting for the second quarter.

For the first quarter, and looks like the earnings are in line with where wall street expects them.

Revenue obviously important with this company because as you just highlighted, they are spending, spending.

To sum up the growth and the sales that we see.

It looks like 19.7 billion in revenue.

It looks like the revenue with stronger than wall street was looking for.

The operating profit, this gets back to the fact that they spend so much, it looks like $146 million.

This think about that for a second.

200 million in operating profits on 20 billion in revenue.

The second quarter, they are giving a range of what the revenue will be.

18.1 billion.

That is a big range.

The wall street estimate is smack dab in the middle of that.

The street could go either way.

They might make as little as 18 billion in revenue or closer to 20 billion.

Ok.

we have starbucks crossing as well.

Net expectations in terms of

This text has been automatically generated. It may not be 100% accurate.

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