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Amazon is on deck to report earnings on Thursday.
Wall Street is expecting sales to clock in at $162 billion, with EPS of $1.33.
Analysts will be listening for updates on AI, AWS, and the impact of tariffs on e-commerce.
Online retail giant Amazon is next in line among the mega-cap Mag Seven to report earnings.
Along with Apple, the tech titan will report results for the last quarter after the closing bell on Thursday.
Wall Street is feeling bullish heading into the report, with focus on AI and the AWS segment, as well as any further details about how sellers on the platform are navigating tariffs.
UBS calls the company the “most coiled” Big Tech name, and sees it poised to rally after the stock was revalued during the tariff sell-off this spring.
Amazon stock is up 5% year-to-date through Wednesday’s close.
The results will be published shortly after the closing bell, with the analyst call scheduled for 5 p.m. ET.
Amazon earnings estimate: Wall Street predicts sales of $162 billion, EPS of $1.33
Second quarter
Net sales estimate $162.15 billion
EPS estimate $1.33
Online stores net sales estimate $59.13 billion
Physical stores net sales estimate $5.49 billion
Third-Party Seller Services net sales estimate $38.97 billion
Subscription Services net sales estimate $11.92 billion
AWS net sales estimate $30.77 billion
North America net sales estimate $97.36 billion
International net sales estimate $34.21 billion
Third-party seller services net sales excluding F/X estimate +7.49%
Subscription services net sales excluding F/X estimate +9.68%
Amazon Web Services net sales excluding F/X estimate +17%
