Amazon forecasts fourth-quarter sales of $240B-$247B
In short
Amazon said it expects fourth-quarter sales of $240.0 billion to $247.0 billion. That is compared with analysts' average estimate of $244.51 billion.
This matters because investors will compare Amazon's outlook with what the market expected. The report does not say why the company gave this range or what it means for profits.
What the reporting says
Amazon said it expects fourth-quarter revenue of between $240.0 billion and $247.0 billion, below the $244.51 billion analysts' average estimate cited in the report. The range comes from LSEG-compiled data referenced in the publisher summary. The immediate implication is a softer sales outlook versus expectations, but the reporting does not say how management explained the guidance.
Why it matters
Amazon projected fourth-quarter revenue of $240.0 billion to $247.0 billion, while the report cites an LSEG analyst average estimate of $244.51 billion. That puts the company’s outlook around market expectations but with a wide range. The summary does not include management commentary, profit guidance, or the reason for the forecast, so the drivers behind the guidance are not stated.