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Amazon's Earnings Skyrocket

Key points:
  • Amazon's earnings per share expected to rise by 161.3%
  • Earnings estimate for the fiscal year is $4.08, a 40.7% increase

Amazon.com, Inc. (AMZN) is projected to post earnings of $0.81 per share for the current quarter, marking a year-over-year change of +161.3%. The earnings estimate for the current fiscal year stands at $4.08, which is a +40.7% change from the previous year.

For the upcoming fiscal year, the earnings estimate is $5.32, indicating a +30.4% change from the earnings reported a year ago. The earnings estimate for the current year has remained steady over the past month at $4.08.