Amazon: Analysts Call For $16.55 Billion In Q3 EBITDA

Amazon.com Inc (NASDAQ: AMZN) will be reporting its third quarter financial results on October 28th after the market closes. Analysts have a consensus of $4,145.46 12-month price target on the company, via a total of 55 analysts, with 20 analysts having strong buy ratings. 34 analysts meanwhile have buy ratings and 1 analyst has a hold ratings on the company. The street high comes from Susquehanna Financial with a $5,000 price target, and the lowest target sits at $3,775.

41 analysts have revenue estimates for the third quarter. The mean revenue estimate between all 41 analysts is $111.60 billion; this number has been revised slightly lower from $119.19 at the start of April. The highest revenue estimate is $116 billion, while the lowest is $119 billion.

Onto EBITDA estimates, there are currently 30 analysts who have third-quarter EBITDA estimates. The mean is currently $16.55 billion, with this number having been revised downwards from $18.41 billion at the start of April. The street high estimate currently sits at $20.30 billion in EBITDA and the lowest is $12.92 billion.

Analysts estimate that quarterly earnings per share will come in at $8.92, with this number being revised downwards from $12.12 at the start of April. Street high is $13.43 and the lowest estimate is $5.25 per share for the quarter.


Information for this briefing was found via Edgar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Verano: Analysts Expect Q3 Revenues Of $219.7 Million

Verano Holdings (CSE: VRNO) announced that they will be reporting their third quarter financials before...

Monday, November 15, 2021, 10:10:00 AM

Canaccord Initiates Coverage On PLBY Group With $28 Price Target

Yesterday, Canaccord initiated coverage on PLBY Group (NASDAQ: PLBY) with a U$28 12-month price target...

Friday, April 2, 2021, 03:44:00 PM

Sundial: Analysts Expect Positive EBITDA For Q3 2021

Sundial Growers (NASDAQ: SNDL) announced that they will be reporting their third quarter financials after...

Tuesday, November 9, 2021, 05:18:00 PM

BMO, Canaccord Lower Targets On Xebec Adsorption After Margins Continue To Disappoint

On August 12, Xebec Adsorption Inc. (TSX: XBC) announced its second-quarter financial results. The company...

Monday, August 16, 2021, 04:42:00 PM

Hexo: Analysts Anticipate $34.4 Million In Q3 Revenues

Hexo Corp (TSX: HEXO) (NYSE: HEXO) announced that they will be reporting their fiscal third quarter...

Saturday, June 12, 2021, 01:11:00 PM