Will AMZN going to beat the earnings significantly tomorrow?

**Amazon is not expected to significantly beat earnings tomorrow**, as indicated by the following: 1. **Earnings Expectations**: The estimated EPS for Amazon is $1.14, which represents a significant jump of 34.12% from the year-ago quarter. However, the estimated revenue is $157 billion, which is in line with the previous year's reported figure. 2. **Historical Performance**: Amazon has an impressive earnings surprise history, with an average surprise of 31.13% over the past four quarters. Despite this, the company is not expected to deliver a significant earnings beat tomorrow. 3. **Market Expectations**: The Zacks Consensus Estimate for net sales is pegged at $157 billion, indicating growth of 9.7% from the prior-year quarter. This suggests that while Amazon may meet expectations, it is not expected to surpass them significantly. 4. **Analyst Ratings**: The Earnings ESP (Expected Surprise Probability) is 0.00%, and the Zacks Rank is #3 (Hold), which does not conclusively predict an earnings beat. This indicates that analysts do not expect a significant surprise in either direction. 5. **Revenue Projections**: While Amazon's revenue projections for Q3 2024 range from $154 billion to $158.5 billion, the company is expected to grow 8-11% from the year-ago quarter. This growth is in line with the company's historical performance and does not suggest a significant beat. In conclusion, while Amazon has a history of delivering strong earnings, the expectations for tomorrow's report do not indicate a significant beat. The estimated EPS and revenue are in line with the previous year's figures, and analyst expectations do not suggest a substantial surprise.