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Amazon sees Q2 revenue $159B-$164B, consensus $161.06B

Amazon said Q2 net sales are expected to be between $159.0B and $164.0B, or to grow between 7% and 11% compared with second quarter 2024. “This guidance anticipates an unfavorable impact of approximately 10 basis points from foreign exchange rates,” the company stated. Operating income is expected to be between $13.0B and $17.5B, compared with $14.7B in second quarter 2024. “This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded,” the company added.

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