Amazon (AMZN) Earnings Will Impact Stock Market Today

Amazon (AMZN) earnings report EPS estimate is $0.15 and revenue estimate is $119.67B. "This is a high stakes report for Amazon (AMZN) as it will likely have an impact on the overall stock market. Recent quarters' challenges in retail will be repeated during the Amazon earnings call today. However, bright spots are advertising growth, and labor and physical space are no longer the bottlenecks," says Jan Rogers Kniffen. "I expect a mixed AMZN earnings report. Continued AWS strength and other service offerings will likely be overshadowed by sustained headwinds in retail," Arun Sundaram adds.