Amzn Earnings Call

Amazon Reports Quarterly Earnings Today

First Earnings Report Since Andy Jassy Took Over as CEO

Stock Price Up 19% in 2024

Amazon will report quarterly earnings today, April 30, after the market close. This is the first earnings report since Andy Jassy took over as CEO in July 2021.

Analysts are expecting Amazon to report earnings per share of $0.25, down from $1.39 in the same quarter last year. Revenue is expected to come in at $124.72 billion, up from $117.99 billion in Q4 2022.

Amazon's stock price has gained 19% in 2024, outperforming the broader market. However, the stock is still down about 30% from its all-time high.

Investors will be looking for signs of progress in Amazon's key businesses, including its retail, cloud computing, and advertising divisions.

Conclusion

Amazon's quarterly earnings report will provide investors with an update on the company's progress under Andy Jassy's leadership. The report will also provide insight into the broader e-commerce and technology sectors.