October 21, 2019

Chart of the Day: S&P 500 Ad Revenue

by David Aurelio.

Retailing giant Amazon.com Inc (AMZN.O) is scheduled to report 19Q3 earnings after the close on Oct. 24. The company known for industry disruption is expected to increase third quarter ad-revenue 71.7% from the prior year and to far outpace the 14.2% outlook for the S&P 500 media entertainment industry group. Analysts also anticipate that Amazon will outperform the S&P 500’s interactive media & services industry (19.5%), which consists of names such as Alphabet Inc (GOOGL.O, GOOG.O), Facebook Inc (FB.O), and Twitter Inc (TWTR.N).

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