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Amazon earnings: Revenue comes into focus in 2019

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Amazon is about to deliver its quarterly results: 'It's too early for the company to be in harvest mode'

Amazon.com Inc. is scheduled to report its first-quarter earnings on Thursday after the closing bell, and J.P. Morgan thinks 2019 will be all about revenue growth.“We look for Amazon to stabilize revenue growth more this year, which we believe is important as Amazon remains a growth story and it’s too early for the company to be in harvest mode,” analysts wrote.

Wedbush analysts think Amazon is also the “master of its own profit destiny,” with profit growth robust in 2018. Stock: Amazon stock has rallied 27.3% for 2019 so far, outpacing the S&P 500 index SPX, -0.04% , which is up almost 17% for the period.-Prime Stylist being tested?: KeyBanc Capital Markets says Amazon “looks” to be testing a new Prime Stylist initiative, which would add to the company’s efforts in fashion. The service would be like Stitch Fix Inc. SFIX, -1.

Don’t miss: From eyelash extension to a ride on a slide-- department stores rethink what it means to have it all

 

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