Amazon Earnings Are Poised to Surge Further

  • 📰 WSJ
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Amazon is set to post earnings after markets close, with pandemic demand for its e-commerce, cloud-computing and ad services expected to propel gains

Amazon . com Inc. is expected to post a strong start to the year, with continued demand for the company’s e-commerce services and sales gains at its cloud-computing and advertising businesses driving financial results.has catapulted the company to new heights, after consumers flocked to online shopping during pandemic lockdowns.

Seattle-based Amazon is set to report first-quarter earnings after markets close on Thursday. Analysts polled by FactSet on average predict $104.5 billion in quarterly revenue and per-share earnings of $9.54. The company said in February that it expects first-quarter sales between $100 billion and $106 billion—sharply higher than the $75.5 billion it posted a year earlier—and operating income between $3 billion and $6.5 billion.

Amazon’s first quarter is typically slower than its preceding end-of-year results, which are aided by holiday shopping sales. Yet the company has exceeded expectations in recent quarters. It shattered sales records last year as homebound Americans turned to its delivery services. The company’s stock price rose 76% in 2020.

Amazon’s dominance in online retail also parallels the strength of Amazon Web Services, the business line that rents server capacity and software tools to other corporations. AWS is Amazon’s main profit center, though its recent growth has slowed as the cloud units of Microsoft Corp. and Google have moved aggressively to sign up new customers. AWS Chief Executive Officer Andy Jassy is

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Chinese government is the devil who plunders the people. Xu Wanchao, village tyrant in Shiliuzhuang, Nanyuan Township, Fengtai, Beijing, illegally robbed and demolished the homes of Li Meiqing and Li Huanjun without any legal procedures.

Chinese government order to make money, village tyrant Xu Wanchao in Beijing, China, robbed Li Meiqing’s land,detained her, and attempted to starve her to death. Xu Wanchao repeatedly beat her on the road because of drug addicts. China has no laws.

The Chinese government is the devil who plunders the people. Xu Wanchao, village tyrant in Shiliuzhuang, Nanyuan Township, Fengtai, Beijing, illegally robbed and demolished the homes of Li Meiqing and Li Huanjun without any legal procedures.

horrible

And when do they accept Dogecoin

Share price is too high for average investor needs to split 10 times

Easy to surge when you mistreat your employees so badly but it’s okay!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon will report first-quarter earnings after the bellInvestors are watching to see if the pandemic-fueled e-commerce boom will continue as vaccine rollout accelerates and the economy reopens.
Source: CNBC - 🏆 12. / 72 Read more »

Amazon Earnings Go Into Orbit As Streaming Hours Rise 70% Year Over YearAmazon blew the doors off all expectations for earnings in the first quarter, helped by comparisons with a year-ago period hit by Covid-19 but also the eruption of several business lines. Video str…
Source: DEADLINE - 🏆 109. / 63 Read more »

Amazon delivers a big earnings beat heading into Jeff Bezos' final quarter as CEOBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. BIG DOG KEEPS FUCKING WINNING!! LOVE IT MEXICO RECORD UNDERAGE AND WOMEN INTIMATE VIDEOS FROM TV AND MOBILE DEVICES IS APPROVED BY THE LAW,, IF YOU TRY TO TALK ABOUT HEY USE THAT INFO AGAINST YOU AND YOUR FAMILY TO BLACK MAIL So happy they killed it with earnings. Maybe Amazon can finally afford to pay taxes now 🤞
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon Earnings: What To Expect From The Tech Giant's Second Biggest Quarter EverAnalysts expect the ecommerce company founded by the world's richest person will post a record-breaking $104.5 billion in first-quarter sales. When can we expect the hollowed-out skull volcano island HQ? No federal taxes? Couple of months ago I came across a recommendation about smithjohan43 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation
Source: Forbes - 🏆 394. / 53 Read more »