Amazon.com Inc (NASDAQ:AMZN) is expected to report a 12% increase in third-quarter revenue on Wednesday, with investors looking for further acceleration in its Amazon Web Services (AWS) cloud business and evidence that its growing artificial intelligence investments are delivering returns.
Wall Street expects revenue of about $202.2 billion for the three months to September 30, 2026, while earnings per share are forecast at between $1.96 and $2.01.
AWS is expected to be the main growth driver, with consensus estimates pointing to revenue of $45.4 billion to $45.6 billion, up around 37% to 38% from $33 billion a year earlier.
Bank of America expects AWS revenue growth of 40%, above consensus, driven by new computing capacity, price increases, expanding AI Lab contracts and rising enterprise demand for AI inference.
The bank forecasts total revenue of $202 billion and operating profit of $26.4 billion, compared with Wall Street estimates of $202.2 billion and $26.1 billion,…
