=Amazon (AMZN) reported earnings on Thur 24 Oct 19 (a/h)

Amazon misses by $0.26, beats operating income and revs; guides Q4 profit and rev below consensus 

Reports Q3 (Sep) earnings of $4.23 per share, $0.26 worse than the S&P Capital IQ Consensus of $4.49; revenues rose 23.7% year/year to $69.98 bln vs the $68.72 bln S&P Capital IQ Consensus and $66-70 bln guidance; operating income -15% to $3.2 bln vs. $3 bln est and 2.1-3.1 bln.

AWS revenue +35% to $9 bln; operating margin -600 bps to 25.1%.

NA segment rev +24%, Int'l +18%, online stores +22%, 3P services +28%, subscription services +35%, Other (advertising) +45%.

Co issues downside guidance for Q4, sees Q4 revs of $80.0-86.5 bln vs. $87.17 bln S&P Capital IQ Consensus; operating income $1.2-2.9 bln vs. $4.18 bln consensus.