Amazon will report its third-quarter results on Thursday, one day after Google's disappointing earnings sent its shares down more than 12%. Bloomberg analyst consensus projects EPS of $1.97 on revenue of $202.25 billion, versus EPS of $1.95 and revenue of $180.16 billion a year earlier. AWS revenue is expected at $45.68 billion, up 38% from $33 billion in Q3 2025, while online store sales are seen at $69.6 billion (up 3%) and advertising at $20.91 billion (up 18%). KeyBanc cites AWS's Graviton chip and Bedrock platform as advantages, while UBS expects AWS operating margins of 46% for 2027 versus street estimates of 39%. Investors will also watch Amazon's capital expenditures, which, like those of its peers, run to tens of billions of dollars on AI infrastructure.
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AMZNearningscloud computingartificial intelligence
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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 10/28/2026 | 254.65 |
| Change that session | +0.61% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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