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Amazon Outperforms Retail Peers with Positive Earnings Outlook

Amazon is showing strong stock performance this year with an 8.3% return and a positive earnings estimate revision of 1.6%. This signals an improving outlook for investors interested in Retail-Wholesale stocks.

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AI Rating:   7

Earnings Estimate Revisions
Amazon (AMZN) is currently exhibiting a positive outlook with a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for AMZN's full-year earnings has increased by 1.6% over the last quarter, indicating that analysts feel more optimistic about the company's earnings potential moving forward.

Stock Performance
In terms of stock returns, Amazon has achieved an 8.3% gain year-to-date, outpacing the Retail-Wholesale sector average of 7.5%. However, it is slightly lagging behind its industry, the Internet - Commerce group, which has gained approximately 9.7% this year. Despite this, AMZN remains a stock to consider within its sector, as it continues to perform well compared to its peers.

Comparison with Other Companies
Additionally, Brinker International (EAT) has shown impressive year-to-date performance, returning 37.6%, with its consensus EPS estimate increasing by 50.5%. While EAT is a separate entity in the Retail - Restaurants industry, its strong performance highlights the competitive nature within the broader Retail-Wholesale sector, where companies are striving to outperform each other.