Amazon’s stock (AMZN) closed at $222.16, up 1.08% from the previous day, outperforming S&P 500, Dow, and Nasdaq. However, it has decreased by 4.03% in the last month, falling short of the sector’s gain. Analysts forecast an EPS of $1.57 and revenue of $177.93 billion for Amazon’s upcoming earnings release.

Recent analyst revisions indicate positivity towards Amazon’s business operations. The Zacks Rank system, which integrates these revisions, currently rates Amazon as a Hold (#3). The stock’s Forward P/E ratio stands at 32.53, higher than the industry average. The Internet-Commerce industry, to which Amazon belongs, has a Zacks Industry Rank of 71.

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Read more at Nasdaq: Amazon (AMZN) Outpaces Stock Market Gains: What You Should Know