Amazon is slated to post results for the third quarter after the closing bell Thursday.
Here's what analysts polled by LSEG are looking for:
Earnings per share: $1.57
$1.57 Revenue: $177.8 billion
Wall Street is also looking at other key revenue numbers:
Amazon Web Services: $32.42 billion expected
$32.42 billion expected Advertising: $17.34 billion expected
AWS growth will be a major focus for investors once again, as the company faces intensifying pressure from cloud competitors Google and Microsoft , which also reported quarterly results this week.
Revenue at AWS is projected to expand 18.1% year over year, which is about the same growth rate as the second quarter. Google's cloud revenue accelerated 34% during the third quarter, while Microsoft Azure recorded growth of 40%.
AWS stumbled last week during an extended outage that lasted more than 15 hours, taking down numerous websites as a result. Microsoft experienced outages in its Azure cloud and 365 services on Wednesday, hours before its scheduled earnings release.
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