Q3 Earnings Season For FANG: 1 Down, 3 To Go - Amazon.com (NASDAQ:AMZN)

As per usual, tech companies continue to steal the spotlight this earnings season. However, of the big 4 — the FANG stocks: Facebook, Amazon, Netflix, Google (parent company: Alphabet) — only Netflix, Inc. NFLX has reported thus far. Of the remaining three, Amazon.com, Inc. AMZN and Alphabet Inc GOOG GOOGL are scheduled to report their reports after the bell on Thursday. The final company in the group, Facebook Inc FB, will report on November 2.

FANG In Focus

Facebook: Analysts expect EPS of $0.97 on revenues of $6.92 billion.

Netflix: Reported EPS of $0.12 on revenue of $2.29 billion for the third quarter. This is higher than analysts' estimates of $0.06 on revenue of $2.28 billion. Guidance for fourth-quarter EPS: $0.13 on total streaming sales of $2.344 billion, while analysts estimated $0.07. Of note, Netflix added 5.2 million subscribers.

Alphabet: Analysts are looking for an EPS of $8.63 on revenue of $22.05 billion.

Amazon: Analysts expect EPS of $0.78 on revenue of $32.96 billion.

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