Amazon Earnings on July 29: Will They Crush Expectations Again?
Amazon (NASDAQ: AMZN) is slated to report its second-quarter 2021 results after the market close on Thursday, July 29. An analyst conference call is scheduled for the same day at 5:30 p.m. EDT.
This will mark the last quarter under which the e-commerce and technology giant's founder Jeff Bezos was CEO, as longtime company exec Andy Jassy took over the top spot on July 5.
Investors will probably be approaching Amazon's report with optimism. The company has been sprinting by Wall Street's revenue and earnings expectations for some time. In the prior four quarters, its earnings beat the analyst consensus estimate by 66% (first quarter of 2021), 95% (fourth quarter of 2020), 67% (third quarter of 2020), and 606% (second quarter of 2020).
Source Fool.com
