Amazon Earnings Preview: 4 Key Things to Watch
Amazon.com (NASDAQ: AMZN) is slated to report its fourth-quarter and full-year 2019 results after the market closes on Thursday, Jan. 30. This is a particularly important report, as it includes the holiday period.
Investors will probably be approaching the report with uncertainty. In both the second and third quarters, the e-commerce behemoth beat Wall Street's consensus revenue estimate but missed on the bottom line. The second quarter's earnings miss broke a five-quarter string of expectation-demolishing results, and the third-quarter's earnings results marked the first time in about two years that Amazon's quarterly earnings have declined year over year.
Against this backdrop, it's perhaps not surprising that Amazon stock underperformed the market last year, gaining 23%, compared with the S&P 500's 31.5% return. In 2020, shares are up 0.9% through Jan. 17, trailing the broader market's 3.1% return. Of course, the stock remains one of the best performers in both the tech and consumer goods sectors over the long term.
Source Fool.com
