Zacks Investment Research | Oct 26, 2016 12:40AM ET
On Thursday, October, 27th, Amazon (NASDAQ:AMZN) will release its third quarter earnings results after the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of B.
Dave will look at Amazon’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Amazon ahead of earnings.
Amazon in Focus
Amazon.com, Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. The company lists unique items in categories such as books, music, DVDs, videos, consumer electronics, toys, camera and photo items, software, computer and video games, tools and hardware, lawn and patio items, kitchen products, and wireless products.
Amazon is expected to report earnings at $0.85 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 56.14% at $1.78 per share, beating estimates of $0.64 per share.
Zacks Investment Research
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