Amazon.com Shares Rise Ahead of Q4 Earnings Due After the Cl
January 28, 2011
Shares of Amazon.com (AMZN) are about 4% higher ahead of the company's Q4 earnings report due after the closing bell. Analysts see Amazon reporting earnings of 88 cents a share, compared to 85 cents for the same period the previous year. Revenue is seen jumping 37% to $13 billion. Holiday sales are expected to benefit the online retailer. Amazon.com is up nearly 4% before the bell to $182.25 on the news.