Amazon Earnings Will Be Fantastic. What That Means for the Stock.

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Amazon Earnings Will Be Fantastic. What That Means for the Stock.

Barrons2021-04-29

Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the...

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Melodykjh
·2021-04-30
Amazing
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Yani94
·2021-04-30
Pls comment
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CheeMang
·2021-04-30
Like pls
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真的钻石手
·2021-04-30
Amazing ?
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- cy8:
  Ya
  2021-04-30
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- CheeMang:
  Yes
  2021-04-30
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AndyQuak
·2021-04-30
Comment thanks
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- 真的钻石手:
  Please help to like and comment
  2021-04-30
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AndyQuak
·2021-04-30
Upup
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- 真的钻石手:
  Like
  2021-04-30
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- AndyQuak:
  comment
  2021-04-30
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IamBolt
·2021-04-30
Like and comment
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- 真的钻石手:
  Help like and comment
  2021-04-30
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Bull888
·2021-04-30
Pls like and comment
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- ArcticFox88:
  Comment
  2021-04-30
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KLxx
·2021-04-30
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- 青龙31:
  comment too
  2021-04-30
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AhOng
·2021-04-30
Add
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Yasmine
·2021-04-30
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- MichelleTSL:
  ReSpond Psls
  2021-04-30
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- 青龙31:
  comment too
  2021-04-30
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Alice156
·2021-04-30
Great ariticle, would you like to share it?
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RAMA
·2021-04-30
Looking forward to seeing the results
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FarisAzlan
·2021-04-30
Good stock to have
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VSkemama
·2021-04-30
Pls like and comment ??
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- amazinggrace:
  Commenting as requested! Please like and reply back!
  2021-04-30
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- 老木不朽:
  Like and comment. Thanks ‌[爱你]
  2021-04-30
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xiaobaii
·2021-04-30
Kindly Like & Comment Please, Thank You Very Much.
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steventohhl
·2021-04-30
Up up up Amazon
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- xiaobaii:
  Kindly Like & Comment Please, Thank You Very Much.
  2021-04-30
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hwhw123
·2021-04-30
Certainly hope so. Please like and comment
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PangKW
·2021-04-30
Following
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- PangKW:
  great
  2021-05-02
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- xiaobaii:
  Kindly Like & Comment Please, Thank You Very Much.
  2021-04-30
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虎火
·2021-04-30
Please comments and like. Thank you
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- 虎火:
  Thank you
  2021-04-30
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- xiaobaii:
  Kindly Like & Comment Please, Thank You Very Much.
  2021-04-30
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- Chriz:
  ok
  2021-04-30
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What That Means for the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.barrons.com/articles/amazon-is-likely-to-post-blowout-profits-the-question-is-what-follows-51619556363?mod=hp_LEADSUPP_1","article_id":"1169827391","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169827391","pubTimestamp":1619664680,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stell","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"亚马逊的收益将是惊人的。这对股票意味着什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"Stock in Amazon.com has barely budged since the e-commerce and cloud- computing giant reported stellar fourth-quarter results that were overshadowed by the news that CEO Jeff Bezos will shift into the role of  executive chairman, with Amazon Web Services chief Andy Jassy taking over the top slot.\nThe combination of that pending change, along with uncertainty over how the reopening of the economy will affect shopping behavior, has some investors a little uneasy about the stock’s near-term prospects.\nThey will get a fresh look at the situation after the close of trading on Thursday, when Amazon (ticker: AMZN) posts its results for the March quarter. Amazon has told investors to expect revenue of $100 billion to $106 billion, with operating income of between $3 billion and $6.5 billion, and about $2 billion in costs related to Covid-19. The Wall Street consensus calls for revenue of $104.5 billion, with profits of $9.54 a share.\nThe Street also clearly expects the quarter’s results to show continued strength in e-commerce. According to FactSet, Wall Street analysts expect online-stores revenue of $51.5 billion, up 41% from a year ago, with third-party sales of $21.7 billion, up 50%. Subscription revenues are expected to be $7.3 billion, up 32%, while revenue from physical stores is expected to be $4.3 billion, down 8%. AWS revenues are projected at $13.2 billion, up 29%.\nOne open question is what forecasts the company will make for the June quarter as parts of the country begin to return to more normal economic activity. The Street is projecting June quarter revenue of $108.7 billion and profits of $10.81 a share.\nIn an earnings preview note, Truist analyst Youssef Squali reiterated a Buy rating on the stock and a target of $3,750 for the share price. The stock closed Tuesday at $3,417.43, up 4.9% year to date.\nHe expects revenue to come in at the high end of the range Amazon predicted, saying e-commerce demand has remained strong both in the U.S. and internationally, given that the pandemic has been slow to subside. Conversations with people in the industry and strong earning disclosed last week by Snap bode well for Amazon’s ad business, which is lumped into a category called “other,” he wrote. He also thinks the market continues to underestimate the long-term growth potential of the dominance of the company’s two key businesses—e-commerce and AWS—as well as the company’s “emerging leadership in online advertising.”\nStifel analyst Scott Devitt is similarly bullish, repeating a Buy rating and $4,000 target price. 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