Deutsche Bank has cut its profit estimates of online retailer Amazon (NASDAQ:AMZN) , citing impact from Japan earthquake and tsunami.

The brokerage trimmed its second quarter profit view by 8 cents to 65 cents a share and revenue estimates by $200 million to $8.48 billion. Wall Street expects earnings of 57 cents a share on revenue of $8.75 billion, according to analysts polled by Thomson Reuters.

The brokerage also cut its full-year earnings outlook by 8 cents to $3.83 a share and revenue forecast by $200 million to $44.1 billion. Analysts expect earnings of $3.17 a share on revenue of $44.92 billion.

Overall consumer activity in Japan may likely be somewhat volatile in the near-term, especially around delivery in three prefectures, and with intermittent power affecting daily life, analyst Jeetil Patel wrote in a note to clients.

Patel, who said Japan accounts for 12 percent of Amazon's revenues in 2011, said his conversations with other companies with Japan operations hints that the regular business activity has been impacted.

However, the analyst maintained his buy rating on the shares of Amazon given the company's fundamental strength in e-commerce globally, and potential growth drivers in Kindle/digital and Amazon web services.

Patel, who has a $192 price target on Amazon stock, said recent share gains in the media category and a weaker US dollar may help offset the top-line impact from Japan in the near-term.

Shares of Amazon closed Wednesday's regular trading session at $182.76 on Nasdaq.

Deutsche Bank Citigroup Amazon Earthquake