Amazon.com (NASDAQ:AMZN) is one of the many tech companies expected to report lower earnings this month than it did a year earlier.

Investors are cool with that. The market realizes that the leading online retailer is investing in its thriving Kindle and Amazon Prime ecosystems, and these are costly endeavors that won't pay off right away. In his annual letter to shareholders earlier this month, CEO Jeff Bezos took pride in pointing out that the company will do what's right by its customers, even if it's not in the best interest of its current financials.

In this video, Rick takes a look at three things that investors will want to watch as Amazon reports on April 25. The e-tailer is trading near its all-time high despite missing Wall Street's profit targets in each of the past three quarters, so Rick explores what will ultimately move the stock higher or lower after the numbers go out.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.