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Amazons Q1 2024 Earnings Call Details

Amazon Q1 2024 Earnings: What Wall Street is Watching

Amazon's Q1 2024 Earnings Call Details

Date: Tuesday, April 30, 2024

Time: 2:30 pm ET

Key Earnings Details

Amazon reported earnings per share (EPS) of $100 for the quarter, beating analyst expectations of $98.

The e-commerce giant's revenue for the quarter came in at $121.2 billion, also beating expectations of $120 billion.

Amazon Web Services (AWS) revenue grew 33% year-over-year to $20.5 billion.

What Wall Street is Watching

Wall Street analysts will be paying close attention to the following key details during Amazon's earnings call:

  • The company's guidance for the current quarter and full year.
  • Updates on Amazon's key growth areas, such as AWS and advertising.
  • The impact of inflation and supply chain disruptions on Amazon's business.
  • Any updates on Amazon's plans for expansion and innovation.

Analysts are also likely to ask questions about Amazon's recent acquisition of MGM Studios and its plans for the streaming market.

Overall, Amazon's Q1 2024 earnings call is expected to provide valuable insights into the company's performance and its plans for the future.


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