Here's the Most Important Number in Amazon's Earnings
Shares of Amazon (NASDAQ: AMZN) slumped after the company reported its fourth-quarter earnings. This was largely due to underwhelming profitability in Q4, along with lackluster guidance. However, what investors should be focusing on is Amazon's operating income, and in this episode, Jamie explains the concerns he has behind this number. He also dives into what the company sees from its operating income in the coming quarters. If you enjoy this episode, leave a like and consider subscribing.
*Stock prices used were the premarket prices of Feb. 3, 2023. The video was published on Feb. 3, 2023.
Source Fool.com