Amazon: Analysts Call For $16.55 Billion In Q3 EBITDA 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.

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