Amazon: Analysts Expect $115.1 Billion In Q2 Revenue
Amazon.com Inc (NASDAQ: AMZN) will be reporting its second quarter financial results today after markets close. Analysts have a consensus $4,264.77 12-month price target on the company, via a total of 53 analysts, with 19 analysts having strong buy ratings. 33 analysts meanwhile have buy ratings and a single analyst has a hold rating. The street high comes from Susquehanna Financial with a $5,500 price target, and the lowest target sits at $3,775 from Loop Capital.
37 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 37 analysts is $115.14 billion; this number has been revised upwards from $102.65 billion at the start of the year. The highest revenue estimate is $120.76 billion, while the lowest is $11.34 billion.
The analyst consensus for net income for the second quarter is $6.55 billion, this is flat since the start of the year. The highest net income estimate is $7.82 billion, while the lowest is $5 billion.
Onto EBITDA estimates, there are currently 27 analysts who have second-quarter EBITDA estimates. The mean is currently $18.48 billion, with this number having been revised up from $16.38 billion at the start of the year. The street high estimate currently sits at $21.46 billion in EBITDA and the lowest is $16.26 billion.
Analysts estimate that quarterly earnings per share will come in at $12.30, with this number being slightly revised up from $10.83 at the start of the year. Street high is $15.18 and the lowest estimate is $9.77 per share for the quarter.
Information for this briefing was found via Sedar 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.
