Live updates: Amazon to report quarterly earnings today after the market close

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Live updates: Amazon to report quarterly earnings today after the market close
  • Amazon reports first-quarter earnings on Tuesday.
  • Investors will be looking for updates on the company's cloud-computing business, as well as plans for AI.

Amazon will report first-quarter earnings on Tuesday after the closing bell.

Investors will be watching for updates on the company's cloud-computing business, as well as for insights into how Amazon plans to use artificial intelligence.

Amazon's stock was down 19% year-to-date through Monday's close, handily outpacing the the S&P 500's 8% gain.

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Amazon's consensus first-quarter net sales estimate is $142.59 billion

1st quarter

  • Net sales estimate: $142.59 billion

    • Online stores net sales estimate: $54.77 billion

    • Physical Stores net sales estimate: $5.08 billion

    • Third-Party Seller Services net sales estimate: $34.63 billion

    • Subscription Services net sales estimate: $10.83 billion

    • AWS net sales estimate: $24.11 billion

    • North America net sales estimate: $85.55 billion

    • International net sales estimate: $32.47 billion

  • Third-party seller services net sales excluding F/X estimate: +15.8%

  • Subscription services net sales excluding F/X estimate: +12.1%

  • Amazon Web Services net sales excluding F/X estimate: +14.5%

  • EPS estimate: 82c

  • Operating income estimate: $10.95 billion

    • Operating margin estimate: 7.63%

    • North America operating margin estimate: +4.92%

    • International operating margin estimate: -1.85%

  • Fulfillment expense estimate: $22.4 billion

  • Seller unit mix estimate: 59.4%

2nd quarter

  • Net sales estimate: $150.21 billion

  • Operating income estimate: $12.54 billion

Source: Bloomberg data