Apple (AAPL) Q3 Earnings Preview: Here’s What to Expect - TipRanks.com

Category: Finance

Apple is set to release its fiscal Q3 financials on August 1, with analysts predicting earnings per share of $1.34 and revenues of $84.17 billion. The company has a strong earnings surprise history, missing estimates only once in the last 15 quarters. Analysts are optimistic about increased iPhone volume forecasts, but concerns about market share loss in China and regulatory scrutiny remain. Options traders expect a 4.26% price move post-earnings, and analysts have a Moderate Buy consensus rating on AAPL stock with an average price target of $240.61.

Keywords: Apple, AAPL, earnings report

Source: Tipranks

Update At: 8/2/2024

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