The Traderszone Network

Published in TZ Latest News 13 November, 2016 by The TZ Newswire Staff

Why Amazon Might Not Report Any Profit Next Quarter

Amazon Fulfillment Center
Image source: Amazon.com.

The outlook for Amazon.com‘s (NASDAQ: AMZN) fourth-quarter earnings isn’t very good. Management’s guidance for the quarter indicates that investors will probably see a decline in operating income year over year. Management expects $0 to $1.25 billion in operating income for the fourth quarter, compared with $1.1 billion last year.

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