Amazon.com, Inc. (NASDAQ:AMZN) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 7.41 per share.
For the full year, analysts predict revenues of $ 369846.00 million, while looking forward to income of $ 32.18 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 87,000.00 million ~ $ 93,000.00 million
Click Here For More Historical Outlooks Of Amazon.com, Inc.
Previous Quarter Performance
Amazon.com, Inc. reported income for the second quarter of $ 10.30 per share, from the revenue of $ 88,912.00 million. The quarterly earnings extended 97.32 percent while revenues swell 40.23 percent compared with the same quarter last year. The top line results outshined analysts by $ 7,381.70 million or 9.05 percent.
Stock Performance
Shares of Amazon.com, Inc. traded low $ -123.55 or -3.76 percent on Wednesday, reaching $ 3,162.78 with volume of 5.59 million shares. Amazon.com, Inc. has traded high as $ 3,263.99 and has cracked $ 3,162.47 on the downward trend
According to the previous trading day, closing price of $ 3,162.78, representing a 102.11 % increase from the 52 week low of $ 1626.03 and a 7.49 % decrease over the 52 week high of $ 3552.25.
The company has a market capital of $ 1,584.20 billion and is part of the Services sector and Catalog & Mail Order Houses industry.
Conference Call
Amazon.com, Inc. will be hosting a conference call at 5:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amazon.com
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments.
