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Amazon Profits Are Poised to Surge More


Amazon Revenues Are Poised to Rise Further

< 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 continued need for the company’s e-commerce services and sales gains at its cloud-computing and advertising businesses.Amazon’s success in

the past year has catapulted the company to new heights, after customers gathered to online shopping during pandemic lockdowns. The tech giant’s dominant grip over e-commerce and continued expansion into brand-new markets have actually enhanced its power, although the business continues to face obstacles from regulators and some workers. Seattle-based Amazon is set to report first-quarter revenues after markets close on Thursday. Analysts polled by FactSet typically predict$ 104.5 billion in quarterly income and per-share incomes of$ 9.54. The company said in February that it anticipates first-quarter sales in between $100 billion and$ 106 billion– greatly higher than the$ 75.5 billion it published a year previously– and running 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 article __ inset-- type-InsetNewsletterSignup short article __ inset-- wrap" >< 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