Thursday, July 3, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Slowing Investments Into Fulfilment Services Will Fuel Amazon’s Profit Beats

by Investing.com
September 22, 2022
in Finance
Reading Time: 1 min read
A A
0
Home Finance
Share on FacebookShare on Twitter


© Reuters. Slowing Investments Into Fulfilment Services Will Fuel Amazon’s Profit Beats – Analyst

By Senad Karaahmetovic 

A Morgan Stanley analyst reiterated a Top Pick designation on Amazon (NASDAQ:) shares as he sees a nearly 50% upside from current levels.

The firm’s deep dive into Amazon’s fulfillment utilization implies the e-commerce giant has built enough capacity until Q4 2024, which makes the analyst very confident that Amazon can deliver profit beats going forward.

The deep-dive also prompted the analyst to cut 2023-2024 capex estimates by $10 billion and $6 billion, respectively.

“As retail volumes continue to grow (and we think accelerate) and AMZN’s incremental fulfilment investment slows, we think efficiency, profitability and cash flow will improve,” the analyst said in a client note.

The analyst also expects Amazon will report better-than-expected Q3 results and forward guidance. Earnings results over coming quarter could help shares recover in case Amazon can deliver revenue acceleration, margin expansion, and better-than-anticipated profitability.

“We remain ~2%/1% above Street 2H/’23 revenue and 38%/4% above on 2H/’23 EBIT,” the analyst concluded.

The analyst has an Overweight rating and a $175 per share price target on AMZN.



Source link

Tags: AmazonsbeatsfuelFulfilmentInvestmentsProfitservicesSlowing
Previous Post

Next Generation Digital Infrastructure: What It Looks Like and Why It Matters

Next Post

Turkish cenbank stuns markets again with 100 basis-point rate cut, lira hits new low By Reuters

Related Posts

DOGE government layoffs could start becoming a factor in jobs report

DOGE government layoffs could start becoming a factor in jobs report

by Jeff Cox
July 3, 2025
0

A hiring signal is displayed in a Dominos Pizza window on June 25, 2025 in Austin, Texas. Brandon Bell |...

India’s Licence Raj offers America important lessons

India’s Licence Raj offers America important lessons

by Euro Times
July 3, 2025
0

Jawaharlal Nehru, India’s first prime minister, and Donald Trump, America’s president, don't share many similarities. Nehru was an erudite product...

Wednesday 7/2 Insider Buying Report: FGBI, GME

Wednesday 7/2 Insider Buying Report: FGBI, GME

by BNK Invest
July 2, 2025
0

Because the saying goes, there are lots of doable causes for an insider to promote a inventory, however just one...

Medi Assist Insurance completes acquisition of Paramount TPA

Medi Assist Insurance completes acquisition of Paramount TPA

by Euro Times
July 2, 2025
0

Medi Help Insurance coverage TPA Pvt Ltd on Wednesday stated it has accomplished acquisition of a 100 per cent stake...

Business news live: AstraZeneca CEO discusses leaving London Stock Exchange for US and TSB could depart the high street

Business news live: AstraZeneca CEO discusses leaving London Stock Exchange for US and TSB could depart the high street

by Karl Matchett
July 2, 2025
0

AstraZeneca CEO eager to shift itemizing to USA number of experiences emerged yesterday night that the chief govt of AstraZeneca,...

Coffee Break: Armed Madhouse – Are You Not Entertained?

Coffee Break: Armed Madhouse – Are You Not Entertained?

by Haig Hovaness
July 1, 2025
0

We have now entered an period through which warfare has departed from the standard (Clausewitzian) idea of accomplishing clear aims....

Next Post
Turkish cenbank stuns markets again with 100 basis-point rate cut, lira hits new low By Reuters

Turkish cenbank stuns markets again with 100 basis-point rate cut, lira hits new low By Reuters

Watch Live: U.N. Security Council Meets on Ukraine

Watch Live: U.N. Security Council Meets on Ukraine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Solana dominates real value rankings, DEX volume during H1

Solana dominates real value rankings, DEX volume during H1

July 3, 2025
Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

July 3, 2025
Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 2, 2025
Carrera Smart Glasses drop to a new record-low price

Carrera Smart Glasses drop to a new record-low price

July 3, 2025
Congress Urged to Investigate Fed Chair Over .5B Scandal

Congress Urged to Investigate Fed Chair Over $2.5B Scandal

July 2, 2025
Tragedy in Oman: School bus crash kills driver and three students, leaves twelve injured | World News

Tragedy in Oman: School bus crash kills driver and three students, leaves twelve injured | World News

July 2, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Solana dominates real value rankings, DEX volume during H1

Russiagate was a ploy to ‘screw Trump’ – CIA boss — RT World News

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In