Amazon.com, Inc. (NASDAQ:AMZN) is set to post its quarterly earnings results after the market closes on Wednesday, October 25th. Analysts expect Amazon.com to post earnings of $1.09 per share for the quarter.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($1.00). Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The business had revenue of $37.96 billion during the quarter, compared to the consensus estimate of $37.18 billion. During the same quarter in the previous year, the business posted $1.78 EPS. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. On average, analysts expect Amazon.com to post $3.64 EPS for the current fiscal year and $7.70 EPS for the next fiscal year.

Amazon.com, Inc. (AMZN) opened at 1009.13 on Wednesday. The company has a market cap of $484.76 billion, a price-to-earnings ratio of 256.65 and a beta of 1.47. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,083.31. The stock has a 50 day moving average price of $972.28 and a 200 day moving average price of $968.09.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total value of $2,674,560.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,552,000. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $986.52, for a total transaction of $536,666.88. Following the completion of the transaction, the vice president now directly owns 6,533 shares of the company’s stock, valued at approximately $6,444,935.16. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,083 shares of company stock valued at $8,874,850. Corporate insiders own 17.70% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vestor Capital LLC raised its holdings in shares of Amazon.com by 10.1% in the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after buying an additional 10 shares during the last quarter. Shapiro Capital Management LLC purchased a new position in shares of Amazon.com in the second quarter worth $208,000. Global Financial Private Capital LLC purchased a new position in shares of Amazon.com in the second quarter worth $221,000. Regis Management CO LLC raised its holdings in shares of Amazon.com by 0.9% during the second quarter. Regis Management CO LLC now owns 231 shares of the e-commerce giant’s stock worth $224,000 after purchasing an additional 2 shares during the last quarter. Finally, Gyroscope Capital Management Group LLC raised its holdings in shares of Amazon.com by 4.4% during the second quarter. Gyroscope Capital Management Group LLC now owns 238 shares of the e-commerce giant’s stock worth $230,000 after purchasing an additional 10 shares during the last quarter. 60.73% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently issued reports on the company. UBS AG reiterated a “buy” rating and issued a $1,100.00 price objective on shares of Amazon.com in a research report on Wednesday, June 21st. KeyCorp reiterated a “hold” rating on shares of Amazon.com in a research report on Thursday, June 22nd. Credit Suisse Group reiterated a “buy” rating and issued a $1,100.00 price objective on shares of Amazon.com in a research report on Friday, June 23rd. Barclays PLC reiterated an “overweight” rating and issued a $1,120.00 price objective on shares of Amazon.com in a research report on Monday, June 26th. Finally, Vetr upgraded Amazon.com from a “buy” rating to a “strong-buy” rating and set a $1,095.08 price objective on the stock in a research report on Tuesday, June 27th. One analyst has rated the stock with a sell rating, three have given a hold rating, forty-eight have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $1,121.04.

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Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Earnings History for Amazon.com (NASDAQ:AMZN)

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