This article was written with the assistance of GPT-3.
The expectations: While Amazon’s Q4 guidance suggested the retailer would report its slowest-ever holiday season growth, the retailer appears likely to turn in a better-than-expected performance when it reports its earnings this afternoon, per Bloomberg.
By the numbers: Analysts estimate Amazon earned 17 cents per share, down from 29 cents per share a year earlier.
Amazon's challenges: Amazon’s operating expenses have climbed at a faster pace than sales for more than a year.
Analyst take: Amazon, like many tech and retail companies, continues to pay the price for its overaggressive expansion throughout the pandemic. However, Amazon’s massive scale gives it several built-in advantages that should continue to drive growth.