On Thursday 31st October 2024, Apple (NASDAQ: AAPL) will be releasing its fourth quarter financial results. This much awaited announcement will be made after market close.
Based on the predictions of financial experts on Wall Street, the business is expected to reveal an anticipated $1.53 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $94.56 billion for the quarter.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $390.49 billion. Additionally, they expect the company to report per share profit of $6.65 for the fiscal year.
In the same three months of the year before, the company made income of $1.46 per share, as shown in their financial report. This number came from the total revenue of $89.5 billion that the company earned in that particular quarter.
AAPL will host a conference call with investment community on 31st October 2024 at 05:00 PM eastern time to discuss the financial results.
Apple (AAPL) shares experienced a range of $232.32 to $234.33 on a day volume of 35.42 million shares. The stock closed Tuesday's regular trading session at $233.67, demonstrating a 0.12 percent upturn.
