What's Going On With Amazon Shares Monday?
Portfolio Pulse from Dylan Berman
Amazon.com, Inc. (NASDAQ:AMZN) is trending as it prepares to report its 2024 fiscal year second quarter earnings on Thursday. Analysts estimate an EPS of $1.03 and revenue of $148.56 billion. Recent analyst coverage includes price target adjustments from BMO Capital and Wedbush.
July 29, 2024 | 3:38 pm
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Amazon.com, Inc. (NASDAQ:AMZN) is set to report its 2024 fiscal year second quarter earnings on Thursday. Analysts estimate an EPS of $1.03 and revenue of $148.56 billion. BMO Capital and Wedbush have recently adjusted their price targets.
The upcoming earnings report and recent analyst price target adjustments are likely to drive short-term price movements. Positive earnings could push the stock higher, especially given the optimistic analyst targets.
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