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Stock impact report

Amazon set to report first-quarter earnings after the bell [MSNBC.com]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: MSNBC.com
AmazonHere's what analysts are expecting according to LSEG:Wall Street is also watching several other numbers in the report:Analysts are expecting Amazon to report revenue growth of 12%, which would mark a fourth straight quarter of expansion in the low double digits and a slight acceleration from a year earlier. aregrowing much fasterUnder CEO Andy Jassy, Amazon has become more disciplined in its spending, while growing profitable services like advertising, cloud computing, Prime memberships and its third-party marketplace.The company has laid off more than 27,000 employees since late 2022, with the cuts bleeding into 2024. During the first quarter, Amazon let go hundreds of staffers in itshealthAWSFollowing arough 2021Analysts expect Amazon to report a 12% increase in AWS revenue. That's a slight deceleration from the previous quarter, when revenue grew 13%, but a notable uptick from the first quarter of 2023, when sales expanded just 9%.Executives said in February they expect incre Show less Read more
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