Apple Q4 2024 GAAP EPS $0.97, Sales $94.9B Beat $94.560B Estimate
Portfolio Pulse from Benzinga Newsdesk
Apple reported its Q4 2024 earnings, with GAAP EPS of $0.97 and sales of $94.9 billion, surpassing the estimated $94.56 billion.
October 31, 2024 | 8:30 pm
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POSITIVE IMPACT
Apple's Q4 2024 earnings report shows a GAAP EPS of $0.97 and sales of $94.9 billion, both exceeding market expectations. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in Apple's stock price.
Apple's earnings and sales figures exceeded analyst estimates, which is typically a positive indicator for stock performance. The market often reacts favorably to earnings beats, suggesting a potential short-term price increase for AAPL.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100