From Nasdaq:

Looking for a stock that consistently beats earnings estimates? Amazon (AMZN) might be well positioned to keep its winning streak alive. The online giant has been exceeding earnings estimates with an average surprise of 65.92% in the past two quarters.

For the most recent quarter, Amazon was expected to post earnings of $0.58 per share, but it reported $0.85 per share – a 46.55% surprise. For the previous quarter, the consensus estimate was $0.34 per share, but it produced $0.63 per share, an 85.29% surprise.

With a Zacks Rank #2 and positive Earnings ESP of +29.94%, analysts are bullish on Amazon’s near-term earnings potential.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate; a positive value indicates the analysts’ bullishness surrounding its earnings release. A negative value conversely indicates analysts’ bearishness.

Gain an edge in the stock market by checking a company’s Earnings ESP ahead of its quarterly release. Your odds of making returns on your investment will increase.

Find the best stocks to buy or sell before they report earnings by using Zacks’ Earnings ESP Filter.



Read more: Will Amazon (AMZN) Beat Estimates Again in Its Next Earnings Report?