The analyst consensus is for earnings per share of $1.33, up from $1.26 last year, on sales of $162 billion, up 10%..

Amazon is scheduled to report second-quarter results after the closing bell on Thursday, with traders expecting the stock could test record highs by the end of the week.

Amazon will report earnings Thursday afternoon in the wake of upbeat cloud results from its major rivals that suggested healthy AI demand. MarketWatch will be breaking down the expectations and results.