Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand

Goldman Sachs analyst Eric Sheridan expects Amazon.com, Inc. (NASDAQ:AMZN) to report a solid mix of revenue growth and operating margin expansion when the company releases its third-quarter financial results later this month.

The Details: Sheridan said Amazon should report relatively stable e-commerce demand but sees units sold continuing to outpace revenue due to lower average selling prices.

The Goldman Sachs analyst notes digital consumers continue to trade down to lower-priced items and said Amazon's investments in expanding product selection, including essentials, and meeting the ...