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After hours means close to nothing. Check again tomorrow. Operating income decreased 2% to $4.1 billion, compared with operating income of $4.2 billion in
by YZF 9y ago
After hours means close to nothing. Check again tomorrow.
Operating income decreased 2% to $4.1 billion, compared with operating income of $4.2 billion in 2016.
Net income was $3.0 billion, or $6.15 per diluted share, compared with net income of $2.4 billion, or $4.90 per diluted share, in 2016.
The probably need to get to somewhere around $50B net income to justify their valuation so they've still a way to go. Their revenue probably also needs an x10 factor. So back of the envelope says they need to keep growing at a 30% clip per year over 10 years. That's without taking into account the present value of that.
- mrits 9y agoWhat does a justified valuation have to do with stock price?
- justboxing 9y ago> After hours means close to nothing. Check again tomorrow. Yep. Just did. AMZN closed 3.5% up = +$48 on a day when the DOW plummeted over 600 points ( - 2.31% ) and most other stocks are in red. Source: http://finance.google.com/finance?q=NASDAQ%3AAMZN&ei=S8t0WuGAH4ux2AbLzY6IDQ http://finance.google.com/finance?q=NASDAQ%3AAMZN&ei=S8t0WuG... After hours trading is usually an indicator of how the next day is going to open.