Veytics Intelligence
2026-10-29 · Yahoo

Is Amazon (AMZN) a 'Buy' Ahead of Earnings?

E-commerce giant Amazon AMZN is set to report third-quarter earnings results on Thursday after the closing bell. A Zacks Rank #3 (Hold) stock, Amazon missed earnings estimates in two of the past three quarters. With shares pulling back from their August high, is AMZN a buy ahead of this week's release? Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Analysts anticipate the company to post earnings of $2.01 per share, reflecting growth of just 3.1% versus the same period in the prior year. Estimates for the quarter have declined 1.95% over the past 60 days. Revenues are projected to climb 12.2% to $202.1 billion. Amazon's international expansion and diversification efforts have helped to create multiple revenue streams.

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