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Amazon reports fourth-quarter earnings on Thursday.
Investors will be watching growth in the AWS cloud unit and profitability levels in the retail division.
The company's stock is up 2.3% in 2023, slightly outpacing the market.
Amazon will report fourth-quarter earnings on Thursday after the closing bell.
Growth in Amazon's AWS cloud unit, profitability levels in its retail division, and progress in growing its advertising and artificial intelligence business will be top of mind for Wall Street analysts.
Amazon's stock was up 2.3% year-to-date through Wednesday's close, slightly outpacing the S&P 500's 1.8% gain.
Amazon's consensus fourth-quarter net sales estimate is $166.21 billion
4th quarter
Net sales estimate: $166.21 billion
Online stores net sales estimate: $68.91 billion
Physical Stores net sales estimate: $5.23 billion
Third-Party Seller Services net sales estimate: $41.96 billion
Subscription Services net sales estimate: $10.31 billion
AWS net sales estimate: $24.22 billion
North America net sales estimate: $102.88 billion
International net sales estimate: $38.96 billion
Third-party seller services net sales excluding F/X estimate: +15.9%
Subscription services net sales excluding F/X estimate: +12.5%
Amazon Web Services net sales excluding F/X estimate: +11.8%
