Apple
AAPL
Inc. is scheduled to report earnings after Thursday’s close. The stock hit a record high near $198.23/share in 2023 and is currently trading near $191/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:
Earnings Preview
The company is expected to report a gain of $1.19/share on $72.81 billion in revenue. Meanwhile, the so-called Whisper number is a gain of $1.24/share. The Whisper number is the Street’s unofficial view on earnings.
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