Amazon has a lot to live up to when it reports those Q2 numbers on Thursday: over the last 4 quarters, the company’s reported eps exceeded the market’s consensus estimates by margins in the range of 2.24% and 37.2%. Maybe that’s why investors seem to be just a little more cautious with their expectations this time around, as iStockAnalyst reports, and why Barron’s says “Morgan Stanley’s derivatives strategists are advising clients to bullishly trade ahead of [the earnings report]”. Q2 estimates now range “from a low of $0.44 to a high of $0.76 per share, compared to a consensus estimate […]
