Newswatch: Amazon Earnings Swing To Profit, Stock Soars: Live Blog

Amazon.com Inc. is expected to swing to a first-quarter profit from a year-earlier loss when it reports earnings after the market close on Thursday. Investors will likely have their eye on whether Amazon has been able to maintain strong growth in cloud-computing arm Amazon Web Services. They'll also be looking to see whether the company has been able to improve e-commerce revenue despite macroeconomic concerns.

Topics:  services   amazon   earnings   swing   profit   
BING NEWS:
  • Analysts reboot Amazon stock price target ahead of earnings
    Amazon is scheduled to report first-quarter results on April 30. Analysts surveyed by FactSet estimate the company earned 84 cents a share on $142.7 billion in revenue. on Feb. 2 ...
    04/24/2024 - 1:05 pm | View Link
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