Amazon will be releasing their second-quarter earnings report today, and after several big moves the retailer has made over the past few months, expectations are generally high. Amazon, breaking away from their traditional strategy, has recently placed focus on higher-margin business by raising the price of Amazon Prime to $119, increasing the cost of various digital advertising programs, and expanding cloud-based services like AWS.
According to data from Factset contrasted with Amazon’s 2017 Q2 report, here’s what analysts are expecting to see in today’s report:
- $53.37 billion in revenue, compared to $37.96 billion last year
- $2.48 EPS, compared to roughly 40 cents last year
- $32.21B in North America revenue, compared to $22.37 billion last year
- $15.14 billion in international revenue, compared to $11.46 billion last year
- $5.98 billion in AWS revenue, compared to $4.1 billion last year
Amazon made some big moves in Q2, such as rolling out Prime Member benefits for Whole Foods members and acquiring PillPack. Revenue from this year’s Prime Day, which took place after June 30, will not be included in Amazon’s Q2 earnings. The retailer’s stock recently peaked at $1858.88 per share, and according to Forbes, will be “prone to big moves” following the report.