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  1. #1
    Specialist Member RCox's Avatar

    Hot Next Major Earnings Release Seen with Amazon !!!

    Next Major Earnings Release Seen with Amazon

    Today's Amazon earnings will be closely watched, as factors such as the recently introduced 10% sales tax in California could provide problems for the company's bottom line. Increased expenses have been another factor, so there is potential for the world's largest retailer to see some disappointing news with its next earnings report. In addition to this, the figures will give traders some key insights into the holiday spending behavior of online consumers. Amazon is expected to post profits of 27 cents per share, with $22.26 billion in sales for the fourth quarter ended. Figures for this period for the previous year showed earnings of 38 cents a share with revenues of $17.43 billion.

    Traders can look for hourly PUT options in AMZN if prices fall through 262 (negative outcome). If a positive surprise is seen, traders can look for hourly CALL options in AMZN if prices break 278 to the upside.

  2. #2
    Solid Member
    Good Idea Richard! The Amazon looks quite stable but the earnings could surprise the public so be careful when trading AMZN. The price already dropped to 268 but is still far from 262 to trigger your put option.

  3. #3
    Veteran Member Ammeo's Avatar
    Looking forward to it...

  4. #4
    Solid Member Peter Green's Avatar
    When is expected to see the Amazon earnings numbers? I hope it will be in the US trading hours and there will be big volume on the report

  5. #5
    Active Member pipshunter's Avatar
    It will be without surprises I think. Amazon is pretty stable company..

  6. #6
    Specialist Member RCox's Avatar
    Quote Originally Posted by pipshunter View Post
    It will be without surprises I think. Amazon is pretty stable company..
    Market surprises are seen in "stable" companies and economies on a daily and weekly basis. Surprises relate to analyst projections, not the companies themselves. It is actually much less common for estimates to be correct.

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