Amazon.com Inc (NASDAQ:AMZN) could show off more growth for its AWS segment when the company reports fourth-quarter (Q4) financial results Thursday after market close.
Here are the earnings estimates, what analysts are saying and the key items to watch.
Amazon Q4 Earnings Estimates
Analysts expect the e-commerce giant to report Q4 revenue of $211.33 billion. That’s up from $187.79 billion in last year’s Q4, according to Benzinga Pro.
The company has beaten analyst estimates for revenue in nine of the last 10 quarters, including in five straight quarters.
Analysts expect Amazon to report Q4 earnings per share of $1.96, up from $1.86 in last year’s fourth quarter.
The company has beaten analyst estimates for earnings per share in 12 straight quarters.
Guidance from the company calls for Q4 revenue to be in a range of $206.0 billion to $213 billion.
Amazon Analyst Ratings and Price Targets
Analysts are bullish on Amazon stock heading into the quarterly financial results. Wedbush’s Scott…
