Analysts expect one-day delivery to cut into Amazon’s profits
January 30, 2020
Amazon.com has said it planned to spend $1.5 billion to expand its one-day delivery program to Prime members. Analysts are expecting the added costs of one-day delivery to cut into Amazon’s profits. Amazon is expected to post earnings of $4.03 per share from $6.04 a year earlier, according to Refinitiv estimates.
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