Apple is scheduled to report Fiscal Year 2020 Fourth Quarter Results today after the closing bell. Check our home page right around 4:30pm EDT where we’ll post the results as soon as they are available.
The stock hit a split-adjusted record high of $137.98/share in 2020 and is currently trading near $111.20/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down.
To help you prepare, here is what the Street is expecting: Apple Inc. is expected to report earnings of $0.69/share on $63.72 billion in revenue. Meanwhile, the so-called Whisper number is $0.80.
MacDailyNews Note: Following Apple’s earnings report at 4:30pm EDT today, we’ll be covering Apple’s conference call to discuss fourth fiscal quarter results today, October 29, 2020 at 2:00 p.m. PT / 5:00 p.m. ET. Look for that link on our home page around 4:45 p.m.