Amazon Q2 Earnings Preview: Gains From eCommerce and Cloud Business, Operating Margin Upside On Analysts Radar

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Amazon Q2 Earnings Preview: Gains From eCommerce and Cloud Business, Operating Margin Upside On Analysts Radar - Benzinga

Quick Summary:

Sheridan previewed Amazon’s upcoming second-quarter operating results and increased his above-Street 2025 GAAP operating income estimate (now +8% above) as he noted a margin upside.

Sheridan noted the potential for outperformance in 2025 driven by higher retail margins & a stronger contribution of advertising and also maintained a positive long-term view on international margins and expects AWS profitability to remain robust.

The analyst flagged Amazon’s ability to continue producing operating income margin upside.