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Wall Street analysts believe Amazon will strengthen its position as the primary beneficiary of the coronavirus when the company releases its fourth-quarter results after the bell on Tuesday.
Company shares are down 9% since October results versus the S&P 500 which is up just over 15%
But analysts also say investors shouldn’t worry about the stock, as the e-commerce giant’s momentum is likely to stay.
The company has just experienced a robust holiday season and analysts expect the report to reflect that.
Other things to watch include international expansion, Prime membership growth, Amazon Web Services revenue, and an update on the pandemic’s impact on spending.
Here’s what analysts expect from Amazon’s revenue:
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