Here's the Most Important Number in Amazon's Earnings

By Jamie Louko – Feb 3, 2023 at 10:58AM

NASDAQ: AMZN

Amazon

Market Cap

$1,863B

Today's Change

(-1.14%) -$2.06

Current Price

$179.22

Price as of April 18, 2024, 4:00 p.m. ET

Investors are focused on the company's top and bottom lines, but this number is far more vital.

Shares of Amazon (AMZN -1.14%) 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.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jamie Louko has positions in Amazon.com. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy. Jamie Louko is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.