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Wall Street expects smaller profit from Amazon, but still plenty of growth

“Wall Street expects Amazon to report another quarter with plenty of growth but little profit, as the e-commerce giant ramps up its investment in areas like warehouses, content, and international markets” writes Mike Kane for cnbc.com. Amazon is expected to post third-quarter earnings of 3 cents a share after the bell Thursday, according to analysts polled by Thomson Reuters, down from 52 cents a year ago.Meanwhile, Goldman Sachs analysts expect operating expenses at Amazon to jump 40 percent to $15.3 billion. Here are the topics that will likely be of greatest interest to investors on the earnings call:.
 
Source: cnbc.com



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