Amazon, the largest e-commerce company in the world, is known for its quarterly earnings reports. Amazon releases its financial results to the public on a set schedule, allowing investors and analysts to track the company’s performance throughout the year. The question of what day does Amazon report earnings is an important one for any investor looking to track this giant’s progress.
Amazon typically reports its earnings four times a year—once at the end of each quarter. The dates of these reports are usually announced in advance, and are typically published on the company’s Investor Relations website. Amazon’s fiscal year begins on January 1st and ends on December 31st, meaning that quarterly earnings reports come out at the end of March, June, September and December.
These quarterly reports are closely watched by investors who want to stay abreast of Amazon’s growth trajectory. When an earnings report is released, it includes information such as revenue growth rate, net income or loss, and new product launches.
This data allows analysts to assess how well Amazon is doing compared to its peers in the industry.
For example, when Amazon announced its fourth quarter earnings for 2020 on January 29th 2021, it reported a 45% increase in revenue compared to the same period last year. This was higher than analysts had expected and sent shares of Amazon’s stock soaring.
In addition to announcing its quarterly results, Amazon also holds an investor call after each earnings report where executives from the company answer questions from analysts about their performance. These calls usually take place within two weeks after an earnings report has been released.
In conclusion
Amazon typically releases its quarterly financial results at the end of each quarter—March, June, September and December—with an investor call taking place two weeks later. Investors can find out when these dates are by checking Amazon’s Investor Relations website or following their announcements through other media outlets. By understanding what day does Amazon report earnings investors can stay informed about this giant’s performance throughout the year.
8 Related Question Answers Found
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