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Amazon (AMZN -1.9%), which has strongly outperformed the Nasdaq in 2012, is selling off ahead of...

Amazon (AMZN -1.9%), which has strongly outperformed the Nasdaq in 2012, is selling off ahead of tomorrow's Q2 report. Amazon's Euro exposure is on the minds of many, as are Kindle sales and the impact of U.S. sales tax collections. Citi (Buy) thinks investors should focus on Amazon's potential to double its share of U.S. online retail over the next decade. Nomura expects Amazon to report another quarter of margin improvements, as it reaps the benefits of huge warehouse investments.
Comments (4)
  • Paulo Santos
    , contributor
    Comments (17874) | Send Message
     
    I have AMZN as reporting tomorrow ... is it really today? I'm asking because Yahoo events has been having a few wrong dates lately.
    25 Jul 2012, 12:23 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (753) | Send Message
     
    You're right, Yahoo Finance was off again, edited the post. Will make sure to look elsewhere for earnings dates going forward.
    25 Jul 2012, 12:27 PM Reply Like
  • wrynot
    , contributor
    Comments (188) | Send Message
     
    anyone have a consensus for street (or 'whisper') revenue estimates for AMZN? Looks like street earnings call is .028 down from .07 prev quarter, but as we know with this stock, making money has been put aside for the next few decades while they build out their Milky Way Galaxy platform ;-D
    25 Jul 2012, 02:24 PM Reply Like
  • FWS
    , contributor
    Comments (136) | Send Message
     
    Not in this market. It will be a brutal beating. We are in a declining economy and these "sell side" favorites, will get crushed and are as we speak.
    25 Jul 2012, 08:13 PM Reply Like
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