Amazon’s Upcoming Earnings: What to Expect
Amazon.com (NASD: AMZN) is scheduled to report its earnings on October 31, 2023, after the market closes. Analysts predict the company will report earnings of $1.14 per share, generating $157.14 billion in revenue. A quick glance at Amazon’s earnings history reveals some interesting trends:
| Period | Earnings Date | Earnings |
|---|---|---|
| Q2 2024 | 8/1/2024 | 1.260 |
| Q1 2024 | 4/30/2024 | 0.980 |
| Q4 2023 | 2/1/2024 | 1.000 |
| Q3 2023 | 10/26/2023 | 0.940 |
| Q2 2023 | 8/3/2023 | 0.630 |
Amazon has a strong history of earnings per share growth:
The company also showcases remarkable growth in revenue:
It’s important to note that earnings reports often cause significant stock price fluctuations. Investors typically analyze the specifics of the report, leading to increased volatility. This can be advantageous for stock options traders, especially as Amazon.com has options set to expire on November 1st.
For more insights, visit StockOptionsChannel.com to explore the AMZN options chain, including both puts and calls.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
