Amazon Q3 Earnings Preview: What Analysts Are Saying, NFL, NBA, AI, Other Key Items To Watch
Portfolio Pulse from Chris Katje
Amazon.com, Inc (NASDAQ:AMZN) is set to report its Q3 financial results on October 26, 2023. Analysts expect the company to report a revenue of $141.44 billion and earnings per share of 58 cents. The company's previous guidance calls for Q3 revenue to be in the range of $138 billion to $143 billion. Analysts are mostly bullish on Amazon, expecting retail growth, margin improvement, and strong AWS growth. Key items to watch include the company's AWS platform, the 2023 holiday season, the growth of Prime Video subscription, and the company's future AI plans.
October 25, 2023 | 4:02 pm
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Amazon is expected to report strong Q3 results with revenue of $141.44 billion and EPS of 58 cents. Analysts are bullish on the company's growth, particularly in retail, AWS, and AI. The company's stock is currently trading at $122.46, up 45% YTD.
Analysts are expecting strong Q3 results from Amazon, with a predicted revenue of $141.44 billion and EPS of 58 cents. This, along with the company's growth in retail, AWS, and AI, is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100