Wall Street analysts believe Amazon will consolidate its position as the main beneficiary of the coronavirus when the company reports fourth-quarter revenue on Tuesday after the bell.
The company’s shares are down 9% from its October earnings compared to the S&P 500, which is up just over 15%
But analysts also say investors shouldn’t worry about stocks, as the e-commerce giant’s momentum is likely to hold.
The company is reaching a solid holiday season and analysts expect the report to reflect that.
Other aspects to see are international expansion, core member growth, Amazon Web Services revenue, and an update on the impact of the pandemic on spending.
Here’s what analysts expect from Amazon’s benefits: