Amazon Stock Rises on Strong Growth Outlook Ahead of Earnings
• Amazon (AMZN) stock closed 0.83% higher, outpacing broader market gains • Amazon earnings per share expected to grow 161.29% year-over-year in upcoming report • Revenue estimate of $142.39B for next report would represent 11.8% annual growth • Full year earnings per share estimate up 40% and revenue estimate up 11.54% • Amazon stock rated Strong Buy by Zacks Investment Research