As Amazon prepares to release its first-quarter earnings report after the bell on Tuesday, analysts are watching closely to see if the tech giant will meet their expectations. Analysts are predicting earnings per share of 83 cents and revenue of $142.5 billion. Additionally, they are looking at specific numbers within the report, such as Amazon
Revenue
Samsung Electronics reported a staggering 932.8% increase in operating profit for the first quarter of the year, largely driven by the resurgence of memory chip prices linked to the growing optimism around Artificial Intelligence (AI) technologies. The company’s revenue stood at 71.92 trillion Korean won (approximately $52.3 billion), outperforming the estimated 71.04 trillion Korean won.
As earnings season continues, analysts are closely monitoring the impact of macro challenges on companies to gauge their long-term prospects. Netflix (NFLX) is one stock that has caught the attention of top analysts. Despite disappointing investors with the decision to stop reporting quarterly subscriber numbers, the streaming giant reported better-than-expected results for the first quarter
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