Amazon (AMZN) reports Q3: everything you need to know ahead of earnings

Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) will be reporting results this Thursday after market hours. Here’s what to look for.

Amazon beat analysts’ revenue expectations last quarter, reporting revenues of $200.6 billion, up 19.6% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EPS estimates.

Is Amazon a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Amazon’s revenue to grow 12.3% year on year, slowing from the 13.4% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Amazon has a history of exceeding Wall Street’s expectations.

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