Amazon Earnings Preview
Next Earnings Release: April 30, 2024
Earnings Estimate: $0.81
Common Stock is expected to report earnings on April 30, 2024. The company is expected to report earnings of $0.81 per share. This would be a decrease from the $1.39 per share that the company reported in the same quarter last year. However, it would be an increase from the $0.28 per share that the company reported in the previous quarter.
Amazon today announced financial results for its fourth quarter. The company reported net sales of $149.2 billion, an increase of 9% year-over-year. Net income was $3.3 billion, a decrease of 9% year-over-year. Diluted earnings per share were $0.81, a decrease of 18% year-over-year.
For the full year, Amazon reported net sales of $514.0 billion, an increase of 9% year-over-year. Net income was $12.2 billion, a decrease of 3% year-over-year. Diluted earnings per share were $2.76, a decrease of 8% year-over-year.
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