Amazon.com, Inc. (NASDAQ:AMZN) is in the spotlight Thursday ahead of fourth-quarter earnings today after the market closes.

• Amazon stock is showing weakness. Why is AMZN stock trading lower?

Earnings Expectations And What To Watch

Amazon is expected to report earnings per share of $1.97 and revenue of $211.30 billion. The company has beaten estimates for four consecutive quarters. In its most recent report on Oct. 30, the company posted earnings per share of $1.95, beating the consensus estimate of $1.57. In addition, Amazon reported revenue of $180.17 billion, beating the consensus estimate of $177.75 billion.

Investors should keep a close eye on e-commerce growth, which has been a significant driver for Amazon, particularly in the face of economic headwinds. Watch for continued growth in same-store sales, which have been pivotal in demonstrating Amazon’s resilience in a competitive landscape. Additionally, monitoring inventory levels will be crucial, as efficient inventory management can indicate operational effectiveness and demand forecasting accuracy.

Analyst Ratings

Amazon carries a consensus rating of Buy and a consensus price target of $294.34. Recent actions ahead of the earnings report include:

Amazon Stock Slides Lower

AMZN Price Action: At the time of publication, Amazon stock is trading 4.63% lower at $222.22, according to data from Benzinga Pro.

Image via Shutterstock