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Analysts expect one-day delivery to cut into Amazon’s profits

CNBC 01/30/2020

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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