Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand
Portfolio Pulse from Erica Kollmann
Goldman Sachs analyst Eric Sheridan anticipates Amazon's Q3 earnings to show revenue growth and margin expansion, with stable e-commerce demand. AWS and advertising are expected to contribute positively.
October 15, 2024 | 4:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs analyst Eric Sheridan expects Amazon to report Q3 earnings with revenue growth and margin expansion. Stable e-commerce demand, AWS growth, and a strong advertising environment are key factors.
The analyst's positive outlook on Amazon's Q3 earnings, driven by stable e-commerce demand, AWS growth, and a strong advertising environment, suggests a likely positive impact on the stock price. The anticipation of revenue growth and margin expansion is a strong indicator of potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100