Apple 3Q Earnings Pregame Scorecard

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Last quarter Apple (NASDAQ:AAPL) beat estimates by $2.27 per share and it is up again on Tuesday, July 24, 2012.

Expectations

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Analysts currently expect Apple to come in with earnings of $10.37 per share on revenues of $37.34 billion. Estimates from analysts range from $9.45 per share to $12.51 per share. Over the past three months, the average estimate has moved up from $9.95.

Stock Movement

The biggest recent change for the stock came on May 21, 2012, when it rose $30.90 per share to $561.28.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 39 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the second quarter, profit rose 94.1% to $11.62 billion ($12.30 a share) from $5.99 billion ($6.40 a share) the year earlier, exceeding analyst expectations. Revenue rose 58.9% to $39.19 billion from $24.67 billion.

Summary

Reporting Period: 3Q

Date of Release: Tuesday, July 24, 2012

EPS: $10.37

Revenue Estimate: $37.34 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)