Amazon Q4 Earnings Preview: Be Greedy When Others Are Fearful


  • Amazon has had a year to forget in 2022, with shares tumbling 40% as the company struggled against inflation and a faltering economy.
  • Amazon’s crown jewel, AWS, continued to shine, but growth appears to be slowing.
  • All in all, shareholders should expect a fairly dismal earnings report when Amazon releases its Q4 results later this week.
  • Yet, the long-term thesis for Amazon remains on track, and I believe shares are now priced extremely attractively.
  • I think it’s time for some short-term pain and long-term gain for Amazon shareholders.



Investment Thesis

Amazon (NASDAQ:AMZN) is a global business operating in a whole host of industries, from ecommerce and logistics to game streaming and audiobooks. It is most well-known for its Amazon ecommerce marketplace, and in particular, the Amazon Prime subscription, which gives members

Amazon continues to dominate the cloud market with AWS in Q3 of 2022


Data by YCharts

Amazon's Non-aws quarterly revenue and operating profit

Author’s Work

Amazon Q4 analysts consensus revenue expectations

Seeking Alpha/Author’s Work

Amazon's Q4 operating profit EBIT analysts consensus estimates

TIKR/Author’s Work

AWS contribution to Amazon's overall profit

Author’s Work

AWS share of amazon's total revenue

Author’s Work

AWS quarterly revenue and operating margins

Author’s Work

AWS quarterly revenue and growth rates are trending downwards

Author’s Work

AMZN stock amazon share price valuation model

Author’s Work

Disclosure: I/we have a beneficial long position in the shares of AMZN, SHOP, ETSY, DOCN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Leave a Reply

Your email address will not be published.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