$Amazon (AMZN.US)$ Q1 EPS $0.31 beats $0.21 estimate, Sales $127.36B beats $124.6B estimate.
Amazon.com is set to report earnings after Wednesday’s close and it’s a big moment for a stock that has surged 30% since the start of the year.
Amazon is expected to report a first-quarter profit of 21 cents a share, up from a loss of 38 cents during the same quarter in 2022, on sales of $124.6 billion, up from $116.4 billion.