● Amazon is the king of e-commerce. It continues to benefit from ongoing lockdowns and a fundamental shift
in how consumers shop. Amazon’s Prime Day is an annual 48-hour retail event where Amazon Prime members
can get deals on laptops, TVs, smartphones, wearables, and more.
● This year’s Prime Day will start 1 minute after midnight on October 13th, 2020.
● Amazon’s Prime Day Sales grow every year. In 2017 they were $2.41 billion, and in 2018 they were $4.19
billion, in 2019 their sales were $7.19 billion. This year’s Prime Day is projected to generate approximately $9
billion in sales.
● Amazon’s Q3 results are tentatively expected on October 23rd, 2020 after the American market closes. The
consensus estimate is that they will report adjusted earnings of $10.99 per share and that revenue will be
$81.22 billion.
● Amazon’s earnings figures have exceeded the consensus forecast 6 of the last 8 times.
in how consumers shop. Amazon’s Prime Day is an annual 48-hour retail event where Amazon Prime members
can get deals on laptops, TVs, smartphones, wearables, and more.
● This year’s Prime Day will start 1 minute after midnight on October 13th, 2020.
● Amazon’s Prime Day Sales grow every year. In 2017 they were $2.41 billion, and in 2018 they were $4.19
billion, in 2019 their sales were $7.19 billion. This year’s Prime Day is projected to generate approximately $9
billion in sales.
● Amazon’s Q3 results are tentatively expected on October 23rd, 2020 after the American market closes. The
consensus estimate is that they will report adjusted earnings of $10.99 per share and that revenue will be
$81.22 billion.
● Amazon’s earnings figures have exceeded the consensus forecast 6 of the last 8 times.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.