Apple Earnings Preview: Quality Still High, but Stock Hinges on Q1 2024 Guidance

)’s expected fiscal Q4 ’23 was provided, but with the earnings expected on Thursday night after the close, I thought it worth the post to talk about Apple’s earnings “quality” and the fact is, it still remains high, for a hardware manufacturer.

Street consensus for Q1 ’24 is looking for $2.09 in EPS on $122.9 – $123 billion in revenue for expected year-over-year growth of 11% and 5% respectively. For full-year fiscal ’24, Street Consensus is expecting 8% growth in EPS and 6% growth in revenue for the coming four quarters, the revenue growth expected is in line with Apple’s revenue growth in fiscal years 2020 and 2022.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Apple Inc. stock rises Tuesday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Apple Inc. stock outperforms market on strong trading daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »