Amazon Shares Close Up 1.95% as Zacks Sees EPS of $2.02 Ahead

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Summary · why it matters

Amazon closed at $256.29, up 1.95% from the prior session and ahead of the S&P 500's 0.58% gain, with the Dow up 0.49% and the Nasdaq up 0.45%. The company is expected to report EPS of $2.02 for its upcoming quarter, up 3.59% from the prior-year quarter, on revenue of $202.01 billion, up 12.12% from the year-ago period, according to the Zacks Consensus Estimate. For the full year, the Zacks Consensus Estimates anticipate earnings of $13.03 per share and revenue of $829.29 billion, shifts of +81.73% and +15.67% respectively from last year. Over the last 30 days the Zacks Consensus EPS estimate has moved 0.4% lower, and Amazon holds a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 19.29, a premium to its industry's Forward P/E of 14.69, and carries a PEG ratio of 1.2 versus an average PEG ratio of 1.18 for the Internet - Commerce industry, which holds a Zacks Industry Rank of 193.

Impact on assets 1

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Amazon.com Inc
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Zacks Consensus EPS estimate of $2.02 for the upcoming quarter and full-year estimates, with the stock closing up 1.95%.