* Amazon.com Inc is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2024
* The Seattle Washington-based company is expected to report a 11.9% increase in revenue to $142.473 billion from $127.36 billion a year ago, according to the mean estimate from 44 analysts, based on LSEG data.The company's guidance on February 1 2024, for the period ended March 31, was for revenue between $138.00 billion and $143.50 billion.
* LSEG's mean analyst estimate for Amazon.com Inc is for earnings of 83 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 59 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
* Wall Street's median 12-month price target for Amazon.com Inc is $215.00, above its last closing price of $173.67.
The company's guidance on February 1 2024 for the period ended March 31 was for Earnings before Interest and Taxes between USD8 billion and USD12 billion. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.86 0.80 1.00 Beat 24.6
Sep. 30 2023 0.61 0.58 0.94 Beat 60.9
Jun. 30 2023 0.36 0.35 0.65 Beat 85.7
Mar. 31 2023 0.18 0.21 0.31 Beat 46.4
Dec. 0.17 0.18 0.25 Beat 42.6
31 2022
Sep. 30 2022 0.21 0.22 0.17 Missed -21.1
Jun. 30 2022 0.14 0.14 0.18 Beat 24.9
Mar. 31 2022 0.43 0.42 0.37 Missed -11.7
This summary was machine generated April 26 at 21:09 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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