Amazon Stock tops $3,500 premarket before bumper earnings, rumored stock split 4-29-21
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Amazon Stock tops $3,500 premarket before bumper earnings, rumored stock split
AMZN Amazon stock is trading above $3,500 in early premarket trading ahead of today's scheduled earnings report and a rumored stock split.
Consensus EPS estimates are seen at $9.62 (+92% Y/Y), while revenue expectations are forecast at $104.65B (+38.6% Y/Y).
E-commerce has skyrocketed in the U.S. and internationally during the pandemic, while the company's cloud business, Amazon Web Services, remains a top performer. Source: