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Analyst forecasts for Apple's financial figures: What experts expect
Apple presents quarterly results May 2, 2024: Experts provide an outlook on balance sheet figures and forecasts for earnings per share and sales. Stay informed about the latest developments at Apple. #Apple #Quarterly Results #Financial Figures
Analyst forecasts for Apple's financial figures: What experts expect
Apple will present the balance sheet figures for the quarter ended March 31, 2024 on May 2nd, 2024. Experts forecast that earnings per share for the last quarter will average $1.51, compared to $1.53 per share in the same quarter last year. In terms of revenue, analysts expect negative year-over-year growth of 4.71 percent, with forecast revenue of $90.37 billion in the current quarter, compared to $94.84 billion in the year-ago period.
For the current fiscal year, experts estimate average earnings of $6.54 per share, compared to $6.16 per share in the previous year. In terms of revenue, total revenue is expected to be $386.69 billion for the current fiscal year, compared to $383.29 billion in the same period last year. It will be interesting to see whether Apple can meet analysts' expectations and how this will affect its share price and investor confidence.