Amazon (AMZN) is set to report third-quarter results after market close on Thursday, October 29, with investors focused on AWS growth, AI capabilities and e-commerce profitability. According to the Zacks Consensus Estimate, Amazon is expected to earn $2.01 per share, up 3% year over year, with revenue rising 12% to $202.11 billion; company guidance calls for sales of $197–$202 billion and operating income of $22.5–$26.5 billion. The shift of Prime Day into the second quarter is cited as a headwind to the year-over-year sales comparison. AWS revenue rose 37% to $42.23 billion in Q2, and Zacks expects Q3 AWS revenue of $45.41 billion, up 37% from $33 billion a year earlier, while advertising revenue is projected to rise nearly 18% to $20.87 billion. Anticipated annual capex of $220 billion has raised concerns about free cash flow, and AMZN shares are up 10% year to date, trailing the S&P 500's 11% and the Nasdaq's 14% gains.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/27/2026 | 253.15 |
| Change that session | +1.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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