scorecard
  1. Home
  2. tech
  3. news
  4. Amazon earnings live updates: Wall Street watching for margins, signs of consumer health

Amazon earnings live updates: Wall Street watching for margins, signs of consumer health

Amazon earnings live updates: Wall Street watching for margins, signs of consumer health
Amazon CEO Andy JassyF. Carter Smith/Bloomberg via Getty Images; Chelsea Jia Feng/BI
  • Amazon will release its third-quarter earnings after the closing bell on Thursday.
  • Shares in the tech giant were up 27% year-to-date through Wednesday.

Amazon will report third-quarter earnings on Thursday after the closing bell.

Top of mind for investors will be the company's cloud platform and advertising strength. But there are still worries about slowing retail margins and Amazon's rising investments in other areas of its business.

Amazon's stock was up 27% year-to-date through Wednesday's close, outpacing the the S&P 500's 22% gain.

Amazon's consensus third-quarter net sales estimate is $157.29 billion.

3rd quarter

  • Net sales estimate: $157.29 billion

    • Online stores net sales estimate: $59.64 billion
    • Physical Stores net sales estimate: $5.17 billion
    • Third-Party Seller Services net sales estimate: $38.22 billion
    • Subscription Services net sales estimate: $11.17 billion
    • AWS net sales estimate: $27.49 billion
    • North America net sales estimate: $95.22 billion
    • International net sales estimate: $34.55 billion
  • Third-party seller services net sales excluding F/X estimate: +11.8%
  • Subscription services net sales excluding F/X estimate: +9.86%
  • Amazon Web Services net sales excluding F/X estimate: +19.2%
  • EPS estimate: $1.16
  • Operating income estimate: $14.75 billion

    • Operating margin estimate: 9.34%
    • North America operating margin estimate: +5.58%
    • International operating margin estimate: 1.23%
  • Fulfillment expense estimate: $24.35 billion
  • Seller unit mix estimate: 60.8%

4th quarter

  • Net sales estimate: $186.36 billion
  • Operating income estimate: $17.49 billion

Popular Right Now




Advertisement