Amazon Will Beat 2Q Earnings Estimates, Says 5-Star Analyst

Earnings season is almost in full swing — and a range of notable names are lined up to report results. One worth watching is none other than Amazon (AMZN), which will post its quarterly figures on Thursday, July 23. The stakes are high for the e-commerce giant, as its stock has been soaring over 60% so far this year. Can the company’s latest results live up to expectations? Cowen analyst John Blackledge expects Amazon to march on defiantly when it reports 2Q earnings on July 23.“We expect strong 2Q20 results with Revenue & Operating Income above high end of …read more

Source:: Yahoo Finance

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