Strong Projections for First Quarter Revenue and Profit
Post raised its first-quarter estimates for revenue to $178.4 billion and operating income to $21.4 billion, above the Street consensus of $177.1 billion and $20.7 billion, respectively.
He expects Amazon to outperform expectations primarily due to a projected $2 billion quarter-over-quarter increase in AWS revenue, double the $1 billion growth anticipated by other analysts.
For the full year 2026, he projects total revenue of $813 billion and GAAP operating profits of $100.6 billion.
Acceleration in AWS and North American Retail
Post projects that AWS growth will accelerate to 28%, driven largely by an estimated $1.3 billion quarterly contribution from Anthropic-related revenues.
In the retail sector, BofA credit and debit card data indicate that online spending accelerated by 3 percentage points quarter over quarter, leading Post to predict that North American Retail revenue could beat Street estimates by 1% to 2%.
He attributes…
