Amazon.com (NASDAQ:AMZN) is scheduled to release its earnings report on Thursday, May 1, 2025. For event-driven traders, understanding historical stock reactions to earnings can be valuable. Over the past five years, AMZN has experienced negative one-day returns following 60% of its earnings announcements. The median negative return during these instances was -6.1%, with the largest single-day drop reaching -14%.

Traders can potentially leverage these historical patterns in two primary ways. The first approach involves analyzing these historical odds and establishing a position in AMZN stock before the earnings release. The second strategy focuses on examining the correlation between the immediate stock reaction after earnings…