Noah Berger/Noah Berger
Amazon is heading into its latest earnings report as the laggard of the Magnificent Seven this year, and investors are looking for some key updates that could spark new momentum.
Specifically, Wall Street wants to know more about its AI ambitions and how it plans to position itself against stiff competition from other Big Tech players like Microsoft and Alphabet. AWS, retail margins, and any lingering concerns over the impact of tariffs will also be on investors’ radar.
The call with analysts is scheduled for 5 p.m. ET.
Wall Street analysts estimate Amazon will report revenue of $177.8 billion and EPS of $1.58 for Q3
Third Quarter
- Net sales estimate $177.82 billion
- Online stores net sales estimate $66.93 billion
- Physical Stores net sales estimate $5.56 billion
- Third-Party Seller Services net sales estimate $42.05 billion
- Subscription Services net sales estimate $12.49 billion
- Amazon Web Services net sales estimate $32.39 billion
- North America net sales estimate $104.96 billion
- International net sales estimate $40.77 billion
- Third-party seller services net sales excluding F/X estimate+10.8%
- Subscription services net sales excluding F/X estimate +10.7%
- Amazon Web Services net sales excluding F/X estimate +17.9%
- EPS estimate $1.58
- Operating income estimate $19.72 billion
- Operating margin estimate 11.1%
- North America operating margin estimate +6.98%
- International operating margin estimate 4.02%
- Fulfillment expense estimate $27.49 billion
- Seller unit mix estimate 60.7%
Fourth Quarter
- Net sales estimate $208.45 billion
- Operating income estimate $23.78 billion
- Capital expenditure estimate $32.33 billion
Year
- Capital expenditure estimate $118.76 billion
Source: Bloomberg
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