scorecardLive updates: Amazon Q3 earnings report coming after the closing bell with the stock up big in 2023
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Live updates: Amazon Q3 earnings report coming after the closing bell with the stock up big in 2023

Business Insider   

Live updates: Amazon Q3 earnings report coming after the closing bell with the stock up big in 2023
Amazon Prime's Big Deal Days sales event offers a late-year chance to save big.View Press / Corbis News
  • Amazon reports third-quarter earnings this afternoon after the closing bell.
  • Investors will be focused on the results of Amazon's Prime Big Deal Days event.

Amazon reports third-quarter earnings on Thursday, October 26, after the closing bell.

Investors will be focused on the results of Amazon's Prime Big Deal Days event. AWS revenue will also be in focus after investors have tempered their expectations for sales growth.

Amazon's stock is up 45% year-to-date, through Wednesday's close. That far outpaces the benchmark S&P 500, which has risen 9%.

Amazon's consensus third-quarter net sales estimate is $141.56 billion.

3rd quarter

  • Net sales estimate: $141.56 billion
    • Online stores net sales estimate: $56.82 billion
    • Physical Stores net sales estimate: $4.99 billion
    • Third-Party Seller Services net sales estimate: $33.4 billion
    • Subscription Services net sales estimate: $10.13 billion
    • AWS net sales estimate: $23.13 billion
    • North America net sales estimate: $87.12 billion
    • International net sales estimate: $32.08 billion
  • Third-party seller services net sales excluding F/X estimate: +16.6%
  • Subscription services net sales excluding F/X estimate: +13.2%
  • Amazon Web Services net sales excluding F/X estimate: +12.4%
  • EPS estimate 58c
  • Operating income estimate $7.71 billion
    • Operating margin estimate: 5.46%
    • North America operating margin estimate: +3.6%
    • International operating margin estimate: -3.82%
  • Fulfillment expense estimate: $22.14 billion
  • Seller unit mix estimate: 58.6%

4th quarter

  • Net sales estimate $166.57 billion
  • Operating income estimate $8.71 billion

Source: Bloomberg

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