Amazon.com Q4 Earnings, Net Sales Rise; Issues Sales Guidance for Q1

Amazon.com (AMZN) reported Q4 diluted earnings Thursday of $1.00 per share, up from $0.03 a year earlier.

Analysts polled by Capital IQ expected $0.80.

Net sales for the quarter ended Dec. 31 were $169.96 billion, up from $149.20 billion a year earlier.

Analysts surveyed by Capital IQ expected $166.26 billion.

The company said it expects Q1 net sales to range between $138 billion and $143.5 billion. Analysts surveyed by Capital IQ are expecting $142.17 billion.

Amazon.com shares rose more than 6% in recent Friday morning pre-bell trading.

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