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Amazon: Consensus forecasts updated

Posted on July 26, 2022July 26, 2022 By alanyeo No Comments on Amazon: Consensus forecasts updated

The consensus outlook for 2022 has been updated.

  • 2022 EPS estimate fell from US$0.74 to US$0.61 per share.
  • Revenue forecast steady at US$519.4b.
  • Net income forecast to shrink 47% next year vs 9.1% growth forecast for Online Retail industry in the US .
  • Consensus price target broadly unchanged at US$172.
  • Share price rose 6.5% to US$121 over the past week.

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Earnings Updates/ Corporate Actions Tags:amazon

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