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Amazon contrarian

Parsing Amazon’s Q2 2017 Results (Pssst! Don’t Bother Calculating the P/E Ratio)

Loss Forecast for Q3 Imagine a company that just reported quarterly sales of $38,000, of which a scant $197 was actual profit. Imagine further that the company went on to forecast that, while sales would continue to grow, its already skimpy quarterly profit would actually flip to a loss the next (current) quarter. You wouldn’t exactly...
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