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Will Amazon (AMZN) report Q4 earnings?
Amazon (AMZN) to Report Q4 Earnings: What's in the Cards? Amazon AMZN is scheduled to report fourth-quarter 2022 results on Feb 2. For the fourth quarter, the company expects net sales between $140 billion and $148 billion. Net sales are expected to grow 2-8% from the year-ago quarter’s reported figure.How did Amazon perform in the fourth quarter?
Amazon on Thursday said revenue climbed 9% in the fourth quarter and the company reported a gain of almost $12 billion from its investment in electric vehicle company Rivian. Amazon shares popped as much as 14% in extended trading. Should the stock sustain this rally on Friday, it would be the biggest one-day gain since 2012.Will Amazon increase sales in Q4?
If you’ve been on Amazon as a seller for a few years, you’ll be able to use historical data for this. Generally, you’ll see a 30-50% rise in sales during Q4. While this figure isn’t set in stone, it’s an excellent place to start planning.How did AWS perform in Q4 2021?
AWS segment sales increased 20% year-over-year to $21.4 billion. Operating income decreased to $2.7 billion in the fourth quarter, compared with $3.5 billion in fourth quarter 2021.