Amazon earnings: Revenue comes into focus in 2019

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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

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:

 /  🏆 3. in SG
 

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

Waiting

Singapore Singapore Latest News, Singapore Singapore Headlines

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

LIVE: Here comes Snap's Q1 2019 earnings...Snapchat parent company Snap announces its Q1 2019 earnings after markets close on Tuesday.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what the Street expects from Twitter's first-quarter earningsTwitter is set to release its first quarter 2019 earnings on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Facebook shares surge as Wall Street analysts rave over earnings: 'What a start to 2019'Wall Street was enamored Thursday morning with Facebook's first-quarter earnings report, with a handful of brokerages lauding its results. the biden effect What a 🐊 of 💩! These numbers need to be audited. Not their books mind you—Wall Street’s digital infrastructure 💋💋 A mesmerizing tale
Source: CNBC - 🏆 12. / 72 Read more »

Here's what analysts are expecting for Comcast's first quarter 2019 earnings reportComcast is set to report earnings for its first quarter 2019 before the bell on Thursday. A lot of money Solid company Good to ER
Source: CNBC - 🏆 12. / 72 Read more »