Amazon is set to report earnings after the bell as it faces heightened demand during the pandemic

  • 📰 CNBC
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Amazon has faced significant backlash from workers and politicians who claim the company has not done enough to protect its employees from the virus.

The company has seen heightened demand in the first quarter as the coronavirus pandemic has forced people around the world to stay at home.

Amazon has also faced significant backlash from workers and politicians who claim the company has not done enough to protect its employees from the virus.is set to report its first-quarter earnings after the bell on Thursday, revealing the pandemic's impact on the business that has been a rare bright spot on the stock market.

Wall Street is anticipating earnings per share of $6.25 on revenue of $73.61 billion, based on Refinitiv consensus estimates. Amazon Web Services revenue is expected to come in at $10.33 billion, based on FactSet estimates. However, it's difficult to compare reported earnings to analyst estimates for Amazon's first quarter, as the coronavirus pandemic continues to hit global economies and makes earnings impact difficult to assess.

Amazon has seen heightened demand in the first quarter as the coronavirus pandemic has forced people around the world to stay at home and rely on delivery services for most of their needs. The company has

 

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

I don’t need the Amazon report. I order from them 3xs a day.

The Shadow knows.

The Shadow does.

No one seems to appreciate AWS potential in the everyone work from home pandemic

and not a penny donated.

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Amazon hires Dentsu OTT exec to head up measurement and research - Business InsiderMaggie Zhang, formerly an advertising exec at Dentsu Aegis Network, was tapped to lead OTT measurement and research. I NEED A HELP, DEAR FRIENDSHIP, TO BE ABLE TO MAKE SOME SALES ON A PLATFORM OF DIGITAL AFFILIATES ... CAN YOU LISTEN TO ME, AND ALSO ASSIST ME ON THIS EXACT QUESTION? DISCLOSING 'LINKS' OF THE PRODUCTS I AM REPRESENTING ... IF YES, IT WILL BE HELPING ME VERY... PLEASE... Amazon is China Why are y'all so stingy with your articles ? 😒😒
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon bought thermal cameras from blacklisted Chinese firm - Business InsiderAmazon is reportedly monitoring its employees' temperature using thermal cameras that it bought from a Chinese firm that's blacklisted in the US. Why is this bad? I thought Amazon employees wanted more safety precautions.
Source: BusinessInsider - 🏆 729. / 51 Read more »