Top Wall Street Forecasters Revamp Amazon Expectations Ahead Of Q2 Earnings

Amazon.com, Inc. (NASDAQ: AMZN ) will release its second quarter earnings report after the closing bell on Thursday, July 30. Analysts expect the Seattle, Washington-based company to report quarterly earnings of $1.82 per share, up from $1.68 per share in the year-ago period. The consensus estimate for Amazon’s quarterly revenue is $196.25 billion. It reported $167.7 billion last year, according to Benzinga Pro . The company has beaten analyst estimates for revenue in seven straight quarters and in nine of the last 10 quarters overall. Shares of Amazon fell 1.8% to close at $226.65 on Wednesday.