Analysts on Wall Street believe that Amazon will consolidate its position as the main beneficiary of the coronavirus, when the company reports the gains in the fourth quarter on Tuesday after the bell.
The company’s shares fell 9% from its October earnings compared to the S&P 500, which rose just over 15%
But analysts also say investors should not worry about equities, as the e-commerce giant’s momentum is likely to remain.
The company is coming off a robust holiday season, and analysts expect the report to reflect this.
Other items to watch include, international expansion, increased Prime members, Amazon Web Services revenues and an update on the impact of the pandemic on spending.
Here’s what analysts expect from Amazon earnings: