Apple Q3 2024 GAAP EPS $1.40 Beats $1.35 Estimate, Sales $85.800B Beat $84.531B Estimate
Portfolio Pulse from Benzinga Newsdesk
Apple (NASDAQ:AAPL) reported Q3 2024 earnings per share (EPS) of $1.40, beating the analyst consensus estimate of $1.35 by 3.7%. The company also reported quarterly sales of $85.800 billion, surpassing the estimate of $84.531 billion by 1.50%. This represents a 4.89% increase over the same period last year.
August 01, 2024 | 8:30 pm
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Apple reported Q3 2024 EPS of $1.40, beating estimates by 3.7%, and sales of $85.800 billion, surpassing expectations by 1.50%. This indicates strong financial performance and a 4.89% YoY increase in sales.
Apple's better-than-expected EPS and sales figures indicate strong financial health and growth, likely leading to a positive short-term impact on its stock price. The 4.89% YoY increase in sales further supports this positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100