Amazon.com Inc: Profits of $6.35 per share anticipated for first quarter

Amazon.com Inc is expected to show a decrease in its first quarter earnings to $6.35 per share according to the mean Refinitiv estimate from forty three analysts. Wall Street expects results to range from $4.68 to $7.88 per share.

RECOMMENDATIONS
The consensus recommendation for the company is "Buy". This includes nineteen "Strong Buy", thirty "Buy", two "Hold".


The average consensus recommendation for the department stores peer group is also "Buy".

FORECAST CHANGES
Forty five analysts are currently providing Refinitiv with estimates.

In the last week two analysts have negatively revised earnings estimates and one analyst has revised an earnings estimate upward. There were no changes to the number of estimates.

In the last four weeks the earnings per share estimate has fallen by 0.92 percent from $6.41. Estimates ranged from a high of $7.88 to a low of $4.80. There has been no changes to the number of estimates.

The StarMine predicted earnings surprise is is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant.

The average price target from the forty five analysts providing estimates is $2,449.24.

YEAR OVER YEAR
The company is expected to report a rise in revenue to $72.81 billion from $59.7 billion in the same quarter last year.

The current quarter consensus estimate of $6.35 per share implies a loss of 10.47 percent from the same quarter last year when the company reported $7.09 per share.Amazon.com Inc is expected to show a decrease in its first quarter earnings to $6.35 per share according to the mean Refinitiv estimate from forty three analysts. Wall Street expects results to range from $4.68 to $7.88 per share.

RECOMMENDATIONS
The consensus recommendation for the company is "Buy". This includes nineteen "Strong Buy", thirty "Buy", two "Hold".

The average consensus recommendation for the department stores peer group is also "Buy".

FORECAST CHANGES
Forty five analysts are currently providing Refinitiv with estimates.

In the last week two analysts have negatively revised earnings estimates and one analyst has revised an earnings estimate upward. There were no changes to the number of estimates.

In the last four weeks the earnings per share estimate has fallen by 0.92 percent from $6.41. Estimates ranged from a high of $7.88 to a low of $4.80. There has been no changes to the number of estimates.

The StarMine predicted earnings surprise is is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant.

The average price target from the forty five analysts providing estimates is $2,449.24.

YEAR OVER YEAR
The company is expected to report a rise in revenue to $72.81 billion from $59.7 billion in the same quarter last year.

The current quarter consensus estimate of $6.35 per share implies a loss of 10.47 percent from the same quarter last year when the company reported $7.09 per share.