HenryHoward
04-03

$Amazon.com(AMZN)$ The analyst said he is raising second quarter operating income estimate by about $750 million to $14.5 billion, 15% above Wall Street, driven by the new fee structure for Fulfillment by Amazon, or FBA, where third-party sellers can automate their order fulfillment and shipping services. Wells Fargo believes that restructured FBA fees and cost externalization driven by FBA inventory placement fees will drive $1.2 billion of incremental operating income comparable to the first quarter.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment