Shares of Amazon.com (NASDAQ: AMZN) were up 1.9% in morning trading Thursday at 11:03 a.m. as the e-commerce giant prepares to release its first-quarter earnings report after the markets close.
Analysts are expecting double-digit growth from Amazon, with revenue forecast to hit $116.3 billion in the quarter, an 11.3% increase from last year, though profits are expected to tumble 48% to $8.36 per share.
Image source: Amazon.com.
Source Fool.com