Last quarter Apple (NASDAQ:AAPL) beat estimates by $2.27 per share and it is up again on Tuesday, July 24, 2012.
Continue Reading Below
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.
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
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.
Reporting Period: 3Q
Date of Release: Tuesday, July 24, 2012
Revenue Estimate: $37.34 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)