Amazon will report earnings after the close. Below are the expectations:
- Revenue: $143.3B vs expectations of $142.6 billion, up from $127.4 billion in Q1 2023.
- Adjusted Earnings Per Share (EPS): $0.98 vs expectations $0.84, an increase from $0.31 in Q1 2023.
- Online Stores: $xx.xB vs revenue expectations of $54.8 billion, up from $51.1 billion in Q1 2023.
- Amazon Web Services (AWS): $25.04 vs revenue expectations of $24.1 billion, up from $21.4 billion in Q1 2023.
- Advertising: Revenue expected to be $11.8 billion, up from $9.5 billion in Q1 2023.
Guidance estimate 150.13 B
This article was written by Greg Michalowski at www.forexlive.com.
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