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Amazon Incomes Are Poised to Surge More


Amazon Earnings Are Poised to Rise Additional

< img src=" https://images.wsj.net/im-329685/social" class=" ff-og-image-inserted"/ > Amazon. AMZN 0.42% com Inc. is expected to publish a strong start to the year, with outcomes driven by ongoing need for the business’s e-commerce services and sales gains at its cloud-computing and marketing businesses.Amazon’s success in

the past year has actually catapulted the business to new heights, after consumers flocked to online shopping during pandemic lockdowns. The tech giant’s dominant grip over e-commerce and continued growth into new markets have actually enhanced its power, although the business continues to face difficulties from regulators and some staff members. Seattle-based Amazon is set to report first-quarter earnings after markets close on Thursday. Analysts surveyed by FactSet usually predict$ 104.5 billion in quarterly profits and per-share earnings of$ 9.54. The company stated in February that it anticipates first-quarter sales between $100 billion and$ 106 billion– dramatically higher than the$ 75.5 billion it posted a year previously– and operating earnings in between$ 3 billion and$ 6.5 billion.< div data-layout=" wrap "data-layout-mobile =" inline" class= "media-object type-InsetNewsletterSignup wrap scope-web|mobileapps short article __ inset short article __ inset-- type-InsetNewsletterSignup short article __ inset-- cover" >< div id=" newsletter-card-container-2" class=" ArticleInsetNewsletterCard-- newsletter-card-container-2GnNXjTI7DexTep6Qis6jQ" >< hr class=" ArticleInsetNewsletterCard-- partial-hr-1DeVSSYxozlKjCBa1oFn3c"/ >< h4 class=" ArticleInsetNewsletterCard-- newsletter-signup-title-1lX_qTsd_qyFPWrS_ofBJG