Real Money’s Eric Jhonsa live-blogs Amazon’s earnings report and conference call with management.
Amazon bulls are hoping recent spending cuts will yield strong bottom-line numbers when the e-commerce and cloud giant reports on Thursday afternoon.
Among analysts polled by FactSet, the consensus is for Amazon to report revenue of $145.71 billion (up 6% annually) and GAAP EPS of $0.17 (down 87.5%) for its seasonally big fourth quarter.
Amazon typically shares quarterly sales and operating income guidance in its reports. For the first quarter, the company’s sales consensus stands at $125.09 billion (up 7.4%) and its GAAP operating income consensus stands at $4.04 billion (up 10.1%).
Eric Jhonsa, Real Money’s tech columnist, will be live-blogging Amazon’s earnings report, along with a call with management that’s scheduled for 5:30 P.M. Eastern Time.
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3:50 PM ET: Hi, this is Eric Jhonsa. I’ll be live-blogging Amazon’s earnings report and call.
