Amazon expected to report huge jump in second-quarter profits as it nears $1 trillion milestone
https://www.cnbc.com/2018/07/26/amazon-earnings-preview-q2-2018.html
Amazon is expected to show bigger profits when it reports second-quarter earnings on Thursday, backed by the continued growth of its higher-margin businesses, like cloud, advertising and third-party marketplace.
Wall Street estimates Amazon to post second-quarter profit of $2.50 per share, or roughly $1.2 billion, up from the 40 cents per share reported a year ago, according to a Thomson Reuters consensus estimate.