Amazon.com (AMZN) is due with its Q2 results after the bell tonight, and analysts polled by Thomson Reuters are expecting the company to report a profit of $0.54 per share on revenue of $6.54 billion.
AMZN has been one of the more consistent session-to-session performers within our earnings database. The stock has compiled wider next-day closing levels following 19 of its last 26 after-hours earnings events - or 73% of the time regular session traders added to the evening performance the following day. The near-term performance is mixed, including two widening moves and two narrowing instances.
Looking deeper into AMZN's data, it has seen an earnings-driven after-hours decline in 16 of the 26 quarters we've tracked. In 11 of those 16 quarters (69%), the stock has added to its after-hours declines in the following regular session. It has recorded an earnings-driven after-hours gain in 10 of the 25 quarters we've tracked, and in 8 of those 10 events (80%), the stock has added to its evening gain in the following day's regular session.
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