Amazon Earnings Preview: Why It Outshines Apple for Future Growth
Thursday, 31 October 2024, 00:20
Amazon's Growth Outlook
Amazon is projected to showcase a remarkable Earnings Per Share (EPS) growth of 31% in 2024 and 22% in 2025. This positive trend makes it a more attractive investment compared to Apple, particularly with the stock's current trading multiples of 40x and 33x those estimates.
Comparative Analysis with Apple
While both companies are giants in their sectors, Amazon's EPS growth forecasts position it in a favorable light. Investors are closely watching these figures as they assess performance and potential.
- Amazon's EPS for '24: 31%
- Apple's EPS growth is less pronounced in the current estimates.
- Higher trading multiples indicate higher market confidence in Amazon's performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.