News Formal

Amazon to report first-quarter earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The quarterly numbers come at a time when Amazon is experiencing slowing revenue growth but fatter profit margins.

Amazon is reporting its first-quarter earnings results on Thursday after the bell. Executives will discuss the results with analysts at 5:30 p.m. Eastern time.The revenue estimate would represent a 16.9% growth from a year earlier, the slowest rate of expansion since the first quarter of 2015.

While growth may be decelerating, Amazon is expected to report wider margins, backed by the growth of some of its more profitable businesses, including cloud, advertising, and third-party marketplace. Investors will also keep a close eye on Amazon's spending growth, as the company warned during the previous quarter's earnings call that its investments would increase this year.

Amazon has been one of the best performing big tech stocks this year, up 28% in 2019. It is currently the third most valuable company in the world, behind Microsoft and Apple.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Like Amazon, these stocks have 100% buy ratings from analystsOnly one other S&P 500 stock has all ‘buy’ ratings from analysts, but a further search identifies dozens more. Don't buy individual stocks even with highest analyst buy ratings. Buy portfolios. Buy ETFs mirroring broad indices eg SPY, VT, ACWI. Analyst ratings subjective. Don't trust them! Trust God instead!
Källa: MarketWatch - 🏆 3. / 97 Läs mer »