Amazon reports first quarter earnings after the bell

FAN Editor

Amazon is scheduled to report its first-quarter earnings results on Thursday after the bell.

Here are the most important numbers:

  • Revenue: $49.78 billion, as estimated, according to Thomson Reuters
  • EPS: $1.26 per share, as estimated, according to Thomson Reuters
  • AWS revenue: $5.25 billion, as estimated, according to FactSet

That would be a 40 percent jump in revenue from last year’s $35.71 billion, but a slip in profit from the $1.48 per share reported a year ago.

Investors will look for clues around Amazon’s plans for political damage control, further growth in its dominant cloud service, and investments in new segments, like Alexa and logistics.

Amazon continues to outperform the market with its stock up over 20 percent this year.

Check back for live updates as the numbers become available.

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