Apple Inc expected to post earnings of $1.63 a share - Earnings Preview

Reuters
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Apple Inc <aapl.oq> expected to post earnings of $1.63 a share - Earnings Preview </aapl.oq>
  • Apple Inc AAPL.OQ AAPL.O is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2025

  • The Cupertino California-based company is expected to report a 4.2% increase in revenue to $94.534 billion from $90.75 billion a year ago, according to the mean estimate from 29 analysts, based on LSEG data.The company's guidance on January 30 2025, for the period ended March 31, was for revenue between $92.57 billion and $95.29 billion. (Revenue Majority is on Total Revenue basis)

  • ​LSEG's mean analyst estimate for Apple Inc is for earnings of $1.63 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 34 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Apple Inc is $243.00​, above​ its last closing price of $210.14. ​​​

The company's guidance on January 30 2025 for the period ended March 31 was for gross profit margin between USD46.5% and USD47.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

2.36

2.35

2.40

Beat

2.2

Sep. 30 2024

1.61

1.60

1.64

Beat

2.4

Jun. 30 2024

1.35

1.35

1.40

Beat

4​

Mar. 31 2024

1.51

1.50

1.53

Beat

2

​​Dec. 31 2023

2.10

2.10

2.18

Beat

3.9

Sep. 30 2023

1.39

1.39

1.46

Beat

4.9​

Jun. 30 2023

1.19

1.19

1.26

Beat

5.5

Mar. 31 2023

1.44

1.43

1.52

Beat

6

This summary was machine generated April 29 at 20:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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