Amazon Earnings: Analysts Expect Strong Quarter Amid Industry Leaders
Amazon.com is expected to report a third-quarter loss of 12 cents a share on revenue of nearly $25 billion, a significant improvement from the same quarter last year when the company posted a loss of 95 cents a share on revenue of $20.85 billion. The e-commerce giant's stock has surged over 80% this year, driven in part by the growing popularity of Amazon Prime. Analysts will be closely watching the company's core e-commerce business, particularly its growth in the domestic and global markets. Additionally, the company's Web Services division is expected to be a key driver of high growth and high margin business in the future.
Key Takeaways:
- Amazon is expected to report a third-quarter loss of 12 cents a share on revenue of nearly $25 billion, a significant improvement from the same quarter last year.
- The company's stock has surged over 80% this year, driven in part by the growing popularity of Amazon Prime.
- Analysts will be closely watching the company's core e-commerce business, particularly its growth in the domestic and global markets.
- The company's Web Services division is expected to be a key driver of high growth and high margin business in the future, despite generating only marginal revenue.
- The e-commerce giant's third-quarter performance is expected to be compared to its peers, with Amazon outperforming its industry leaders.
- The company's ability to grow its domestic and global markets will be a key indicator of its future success.
- The growing popularity of Amazon Prime has contributed to the company's stock increase.
Statistics:
- Amazon's stock has surged over 80% this year.
- The company is expected to report a third-quarter loss of 12 cents a share on revenue of nearly $25 billion.
- Amazon's core e-commerce business grew over 20% domestically and globally in the previous quarter.
- The company's Web Services division is expected to generate marginal revenue.
- Amazon's stock is up over 80% this year, a significant increase from its previous year's performance.
Sources:
- "Amazon Gets Serious About Its Reviews With a New Lawsuit" (TheStreet, 2014)
- "How Will Amazon.com (AMZN) Stock React to Strong Quarterly Data Expectations?" (TheStreet, 2014)
- "Amazon's Earnings Report Could Push the Stock Even Higher" (TheStreet, 2014)
- "Jobless Claims" (BLS, [no date specified])
- "Existing Home Sales" (NAR, [no date specified])