Amazon Earnings: What to Watch on April 29
Amazon (NASDAQ: AMZN) announced yesterday that it will release its first-quarter 2021 results after the market close on Thursday, April 29. A conference call with analysts is scheduled for the same day at 5:30 p.m. EDT.
Most investors will probably be feeling optimistic about the e-commerce and technology giant's report. The company has a solid recent track record of easily beating -- often crushing -- its own guidance and Wall Street's consensus estimates on both the top and bottom lines.
In the last three quarters of 2020, Amazon's earnings exceeded analysts' expectations by a whopping 606% (second quarter), 67% (third quarter), and 95% (fourth quarter).
Source Fool.com
