Investing.com – Amazon (NASDAQ:AMZN) Q3 EPS estimate $0.76 on expected 28.7% yoy rise in revenues to $32.66 bn.
Amazon only began to target profitability three quarters ago so EPS comparison not very meaningful.
E-retailer, cloud computing provider to report Thursday after market closes.
Focus on Amazon Web Services; high-margin cloud division makes up 55% of total operating income.
Amazon rolling out dedicated air cargo network; targets fleet of 40 planes.
Current P/E ratio of 207 seen falling to 78 based on one-year-forward earnings.