Amazon will report its first-quarter results on Thursday after the market closes. Here's what Wall Street is expecting.
The retailing and cloud computing giant reports its results for the first three months of the year on Thursday afternoon. Analysts have forecast that the company will post strong revenue and earnings growth.
Amazon has seen the growth of its retail business slow in recent quarters. But it's been buoyed by the supercharged growth of itsHere's what analysts, on average, are expecting from the company and how their forecasts compare with Amazon's prior-year results:Q1 EPS :$62.37 billion. In the second quarter last year, Amazon brought in $52.9 billion in sales.In recent trading before the market close, Amazon's stock was up $14.25 a share, or about 1%, to $1,916.00.
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