Amazon is expected to report its fourth straight quarter of over $1 billion in profits
https://www.cnbc.com/2018/10/25/amazon-q3-2018-earnings-preview.html
Amazon is expected to show another huge jump in profits when it reports third-quarter earnings on Thursday, despite heavy investments ahead of the holiday season.
The company is expected to report third-quarter profit of $3.09 per share, or roughly $1.5 billion, according to FactSet. That would be up from the 52 cents per share reported a year earlier, and the fourth straight quarter that Amazon has topped $1 billion in profit — a remarkable milestone for a company once known for often losing money because of its heavy investments.
Amazon is expected to report its fourth straight quarter of over $1 billion in profits
Oct 25, 2018, 12:50pm UTC
https://www.cnbc.com/2018/10/25/amazon-q3-2018-earnings-preview.html
> Amazon is expected to show another huge jump in profits when it reports third-quarter earnings on Thursday, despite heavy investments ahead of the holiday season.
> The company is expected to report third-quarter profit of $3.09 per share, or roughly $1.5 billion, according to FactSet. That would be up from the 52 cents per share reported a year earlier, and the fourth straight quarter that Amazon has topped $1 billion in profit — a remarkable milestone for a company once known for often losing money because of its heavy investments.