What the hedge fund analysts expect Apple to report for Q413 earnings on Monday

“Apple is expected to report FQ4 2013 earnings on October 28th after the market closes,” Leigh Drogen, Founder and CEO of Estimize, writes for Seeking Alpha. “The information below is derived from data submitted to the Estimize platform by a set of Buy Side and Independent analyst contributors.”

“The current Wall Street consensus expectation is for APPL to report $7.88 EPS and $36.809B revenue while the current Estimize consensus from 70 Buy Side and Independent contributing analysts is $8.10 EPS and $37.422B revenue,” Drogen writes. “The magnitude of the difference between the Wall Street and Estimize consensus numbers often identifies opportunities to take advantage of expectations that may not have been priced into the market.”

Drogen writes, “In this case, we’re seeing a decent sized differential between the Estimize and Wall Street numbers compared to previous quarters.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]


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