Amazon and Apple to announce earnings after the close

As stocks move lower into the close, the big releases after the bell include Apple and Amazon. Apple shares are higher by $1.60 or 0.59% at $271.30. Amazon shares are down $-6.67 or -2.90% at $223.70.

Apple (AAPL):

• Expected EPS: $1.78 per share, up about 5–6% year-over-year.

• Expected Revenue: Around $102.23 billion, reflecting roughly 6–7% annual growth.

• Full-year outlook: EPS growth projected near 9–10% with revenue growth of about 5–6%.

Amazon (AMZN):

• Expected EPS: About $1.57 per share for the upcoming quarter.

• Expected Revenue: Roughly $177.91 billion.

• Full-year outlook: EPS forecast between $6.85 and $7.17, with total revenue near $723 billion and growth estimated between 9–15%.

Amazon Web Services (AWS) Outlook

• Revenue Growth: Expected to rise about 18% year-over-year, with analysts watching for acceleration toward the 20% mark as a key benchmark.

• Focus Areas: Investors will be paying close attention to margins, AI infrastructure expansion, and capital spending on data centers and chips.

• Competitive Watch: AWS performance will be compared closely with Microsoft Azure and Google Cloud to gauge relative strength in AI-driven demand.

• Management Commentary: Guidance on enterprise spending trends, AI workloads, and efficiency initiatives will be crucial for gauging growth durability.

• Market Implication: A print above 20% growth would likely be seen as confirmation that AWS is regaining momentum; anything below expectations could pressure Amazon’s overall valuation

This article was written by Greg Michalowski at investinglive.com.