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Amazon (AMZN) is slated to release its earnings report on August 1, 2024, following a strong history of exceeding earnings estimates. For the most recent quarter, the company reported earnings of $1.13 per share against an expectation of $0.83, marking a surprise of 36.14%. The previous quarter also saw a positive surprise of 24.69% with actual earnings of $1.01 per share compared to a consensus of $0.81.
Currently, Amazon holds an earnings ESP of +4.58%, indicating bullish sentiment among analysts regarding its future earnings. The stock has a Zacks Rank of #1 (Strong Buy), hinting at the potential for another earnings beat.
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