Amazon Q1 earnings consensus
| Q1 2019 Result | Q1 2020 Consensus | |
|---|---|---|
| Revenue | $59.7 billion | $72.8 billion |
| Pre-tax profit | $4.40 billion | $3.98 billion |
| Net income | $3.56 billion | $3.27 billion |
| Earnings per share (EPS) | $7.09 | $6.34 |
What can I expect from AMZN earnings?
Quarterly Earnings Forecast
| Fiscal Year End | Consensus EPS* Forecast | Low EPS* Forecast |
|---|---|---|
| Mar 2020 | 6.34 | 5.82 |
| Jun 2020 | 5.93 | 3.85 |
| Sep 2020 | 7.07 | 5.52 |
| Dec 2020 | 8.65 | 6.96 |
1 more row
Will Amazon beat earnings expectations?
For Amazon, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company’s earnings prospects. This has resulted in an Earnings ESP of +10.23%. So, this combination indicates that Amazon will most likely beat the consensus EPS estimate.
What time does Amazon report earnings?
I’ll be live-blogging Amazon’s report, which is due after the bell on Thursday, along with an earnings call set for 5:30 P.M. Eastern Time.
Does Amazon beat earnings q3 2019?
They expect its earnings to rise 16.2% in 2019, 41.1% in 2020, and at an annual rate of 83% over the next five years. These expectations mean its earnings could grow by an astonishing 105% between 2020 and 2023 and by 132% between 2021 and 2023.
Will Amazon beat earnings 2020?
Amazon.com, Inc. is estimated to report earnings on 04/23/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date.
Is Amazon Overvalued?
Fundamentally, Amazon is overvalued with a P/E ratio of 81.12 without offering a dividend, according to Macrotrends. I continue to view the stock as the “United States of Amazon,” as longer-term growth remains highly likely. Amazon Prime memberships continue to grow.