What is Amazon's Zacks Rank?
Amazon's Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term.
Finance / Stocks
Amazon (AMZN) is currently attracting significant investor attention. This article examines the key factors influencing the stock's performance, including earnings estimate revisions and revenue growth.
Amazon (AMZN) has been a closely watched stock, and recent data provides insights into its current valuation and future prospects.
**Earnings Estimate Revisions:** Zacks prioritizes changes in a company's earnings projections, as they believe the fair value of a stock is determined by the present value of its future earnings stream. For the current quarter, Amazon is expected to post earnings of $1.32 per share, a +7.3% increase year-over-year. The consensus earnings estimate for the current fiscal year is $6.23, representing a +12.7% change from the prior year.
**Projected Revenue Growth:** Revenue growth is crucial for a company's financial health. Amazon's consensus sales estimate for the current quarter is $162.1 billion, indicating a +9.6% year-over-year change. Estimates for the current and next fiscal years are $695.03 billion and $761.92 billion, respectively, reflecting growth of +8.9% and +9.6%.
**Last Reported Results and Surprise History:** In the last reported quarter, Amazon reported revenues of $155.67 billion, an +8.6% year-over-year change. EPS was $1.59, compared to $1.13 a year ago. The company has beaten consensus EPS estimates in each of the trailing four quarters.
**Valuation:** The Zacks Value Style Score grades Amazon as 'D', indicating it is trading at a premium to its peers.
Amazon's Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term.
Amazon is expected to post earnings of $1.32 per share, a +7.3% change from the year-ago quarter.
The consensus sales estimate is $162.1 billion, indicating a +9.6% year-over-year change.
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