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Amazon to report 1Q earnings after the close. What is expected?

Amazon to report 1Q earnings after the close. What is expected?
Amazon will release its first-quarter earnings after the market closes. Wall Street expects the following:Earnings: 21 cents per shareRevenue: $124.5 billionAmazon Web Services: $21.22 billionAdvertising: $9.08 billionCEO Andy Jassy has been aggressively cutting costs across the company, announcing layoffs of another 9,000 employees on top of the prior 18,000 job cuts. The company faces slowing sales growth, including in its cloud unit, Amazon Web Services (AWS), which has historically experienc... Read More
Posted: Apr 27 2023, 19:02
Author Name: forexlive
Views: 081939

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