On Tuesday, May 2nd, Apple (AAPL) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Apple, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Apple in Focus
Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.
Apple is expected to report earnings at $2.01 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $3.36 per share, beating expectations by $0.14. Their average EPS surprise is 0.89%.
Apple Inc. Price, Consensus and EPS Surprise
Apple Inc. Price, Consensus and EPS Surprise | Apple Inc. Quote
How should investors play Apple ahead of their earnings report? For insights on the best options trades, then tune in 11:00 am tomorrow to see David’s thoughts.
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Apple Inc. (AAPL): Free Stock Analysis Report
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