Apple Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Viewpoint - Apple Inc. is expected to report strong earnings for its first quarter, with a significant increase in both earnings per share and revenue compared to the previous year [1]. Financial Performance - Analysts predict Apple will report earnings of $2.67 per share, an increase from $2.40 per share in the same quarter last year [1]. - The consensus estimate for Apple's quarterly revenue is $138.42 billion, up from $124.3 billion a year earlier [1]. - The company has consistently exceeded analyst estimates for earnings per share for 11 consecutive quarters [1]. Stock Performance - Apple shares experienced a slight decline of 0.7%, closing at $256.44 on Wednesday [2].