LIVE: Amazon reports earnings
Oct 27, 2017, 01:21 IST
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Wall Street expects Amazon to report:
- Revenue: $42.194 billion, up 29% year-over-year.
- EPS (adjusted): $1.75 per share
Amazon's stock is down roughly 6% since July, when it missed Wall Street's Q2 expectations. The e-commerce giant is ramping up investments in warehouses, content for its Prime Video streaming service, and investments in international markets and in groceries, following its $13.7 billion acquisition of Whole Foods earlier this year.
We'll have all the details of Amazon's results as soon as they cross the wire, so hit refresh or click this link for the latest.