Real Money’s Eric Jhonsa covers Amazon’s second-quarter earnings report and conference call with management.
Three months after Amazon.com’s stock plunged on disappointing results, bulls are hoping any pressures currently faced by the company have been more than priced in ahead of Thursday afternoon’s earnings report.
Among analysts polled by FactSet, the consensus is for Amazon to report Q2 revenue of $119 billion (up 5% annually) and GAAP EPS of $0.12 (down 84%).
For Q3 – Amazon provides quarterly sales and operating income guidance in its reports – the consensus is for Amazon to post revenue of $126.5 billion (up 14%) and GAAP operating income of $4.39 billion (down 10%).
Eric Jhonsa, Real Money’s tech columnist, will be live-blogging Amazon’s report, which is expected after Thursday’s close, along with an earnings call scheduled for 5:30 P.M. Eastern Time.
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3:45 PM ET: Hi, this is Eric Jhonsa. I’ll be live-blogging Amazon’s Q2 report and call.
