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Amazon Revenues Are Poised to Rise More


Amazon Earnings Are Poised to Surge Further

< img src=" https://images.wsj.net/im-329685/social" class=" ff-og-image-inserted"/ > Amazon. AMZN 0.42% com Inc. is anticipated to post a strong start to the year, with outcomes driven by ongoing 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 business to brand-new heights, after consumers gathered to online shopping during pandemic lockdowns. The tech giant’s dominant grip over e-commerce and continued growth into new markets have enhanced its power, although the company continues to deal with obstacles from regulators and some workers. Seattle-based Amazon is set to report first-quarter incomes after markets close on Thursday. Analysts polled by FactSet usually anticipate$ 104.5 billion in quarterly profits and per-share revenues of$ 9.54. The company said in February that it anticipates first-quarter sales in between $100 billion and$ 106 billion– dramatically greater than the$ 75.5 billion it posted a year previously– and running earnings between$ 3 billion and$ 6.5 billion.< div data-layout=" cover "data-layout-mobile =" inline" class= "media-object type-InsetNewsletterSignup wrap scope-web|mobileapps post __ 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