Amazon, Intel, Coinbase and Reddit headline a crowded earnings night

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Amazon, Intel, Coinbase, Reddit, SanDisk and Strategy are scheduled to report earnings after the market closes in a session featuring more than 300 companies. Amazon is the most closely watched, with revenue projected at about $202 billion and earnings per share of $1.96 to $1.97. Amazon Web Services is expected to generate $45.7 billion in revenue, a 38% annual increase, making it a key gauge following Alphabet’s disappointing quarter. Intel forecasts revenue of roughly $16.5 billion, while Coinbase is expected to report between $1.22 billion and $1.24 billion in revenue and adjusted earnings close to breakeven. Reddit must show that user engagement translates into durable revenue growth, while Coinbase’s trading revenue is its main earnings risk.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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