Amazon (NASDAQ: AMZN) is slated to release its Q4 and full-year 2019 results on January 30, 2020.
We believe that Amazon’s Revenues and eanrings will beat consensus.
consensus estimate of $279.1 billion), which would be 19.9% higher than the previous year.
Earnings are likely to be around $22.67 (vs.
Will Amazon beat earnings 2020?
Wall Street expects a year-over-year decline in earnings on higher revenues when Amazon (AMZN) reports results for the quarter ended December 2019. The earnings report, which is expected to be released on January 30, 2020, might help the stock move higher if these key numbers are better than expectations.
What can I expect from Amazon earnings?
In Q1 ended March, analysts expect Amazon to report that earning per share rose by 41% to $4.61 from $3.27 a year earlier, per Nasdaq data. Amazon guided for revenue between $56 billion and $60 billion in Q1, and for operating income of $2.3 billion to $3.3 billion, representing growth of 21% to $74% YOY.
What date does Amazon report earnings?
Does Amazon pay a dividend?
Despite climbing to a market capitalization above $900 billion, with over $230 billion in annual revenue, Amazon still does not pay a dividend to shareholders. Rather than return cash to shareholders, Amazon continues to plow its cash flow back into the business.
Will Amazon grow?
With more than a million active customers, Amazon Web Services (AWS) is a leader in cloud computing. Gartner estimates that the worldwide public cloud services market is forecast to grow 17% in 2020 to total $266.4 billion, and further reach 354.6 billion by 2022. During 2019, AWS sales increased 37% vis-à-vis 2018.