Amazon Sees Q3 Net Sales $154.0B-$158.5B vs $158.24B Est.
Author: Benzinga Newsdesk | August 01, 2024 04:02pm
Third Quarter 2024 Guidance
- Net sales are expected to be between $154.0 billion and $158.5 billion, or to grow between 8% and 11% compared with third quarter 2023. This guidance anticipates an unfavorable impact of approximately 90 basis points from foreign exchange rates.
- Operating income is expected to be between $11.5 billion and $15.0 billion, compared with $11.2 billion in third quarter 2023.
- This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.
Posted In: AMZN