LIVE: Amazon earnings

Jeff Bezos Amazon

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Wall Street will be looking to see what Jeff Bezos and Amazon have to say Thursday afternoon.

Amazon is set to report its second quarter earnings after the bell on Thursday.

Wall Street has somewhat modest expectations for the e-commerce and cloud computing giant. Analysts polled by Bloomberg are expecting Amazon to report:

  • EPS (GAAP) of $1.42 a share. In the year-ago period, Amazon earned $1.78 a share.
  • Revenues of $37.2 billion. Amazon posted sales of $30.4 billion in the second quarter last year.

Additionally Wall Street will be expecting guidance from the company for its third quarter. Analysts are forecasting that Amazon will earn $1.48 a share on $35.7 billion in sales in the period.

We'll be updating the story as results cross the wire. Click here for the latest updates on Amazon's Q2 results.

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