Amazon EPS of $27.75, revenue of $137.4B misses by $230M
Amazon press release (NASDAQ:AMZN): Q4 EPS of $27.75, may not be comparable to consensus of $3.54.
Fourth-quarter 2021 net income totaled $14.3B, but that included $11.8 billion of non-operating income stemming from a pre-tax valuation gain to AMZN's common-stock investment in Rivian Automotive (NASDAQ:RIVN), which completed an initial public offering in November.

Revenue of $137.4B (+9.4% Y/Y)  misses by $230M.
Shares +4.5%.

Online stores net sales of $66.08B vs. $49.94B in 3Q21.




Third-party seller services of $30.32B vs. $24.25B in 3Q21.



Subscription service of $8.12B vs. $8.15B in 3Q21.
AWS net sales of $17.78B vs. $16.11B in 3Q21.

Amazon will increase the price of a Prime membership in the U.S., with the monthly fee going from $12.99 to $14.99, and the annual membership from $119 to $139. This is the first time Amazon has raised the price of Prime since 2018.




First Quarter 2022 Guidance

Net sales are expected to be between $112.0 billion and $117.0 billion, or to grow between 3% and 8% compared with first quarter 2021 vs. $120.59B consensus.
Operating income is expected to be between $3.0 billion and $6.0 billion, compared with $8.9 billion in first quarter 2021.