Amazon earnings set to reflect increasing focus on profitability – Stock Market News
Posted on April 24, 2019 at 4:06 pm GMTThe world’s biggest online retailer will announce its earnings for Q1 after the US market close on Thursday. Revenue is expected to slow, but profit growth is seen picking up, something that reflects the company’s recent approach of focusing on operating margins. Guidance by management for Q2 will be crucial for the stock’s reaction in the aftermath. The e-commerce giant is expected to report earnings per share (EPS) of $4.72 in Q1, which would represent a robust 44.5% increase from [..]