Apple: Analysts Anticipate Q3 Revenues Of $73.3 Billion

Apple (NASDAQ: AAPL) will be reporting their fiscal third quarter on July 27th after market close. Analysts have a consensus $159.98 12-month price target on the company, via a total of 41 analysts, with 12 analysts having strong buy ratings. 21 analysts meanwhile have buy ratings, 7 have hold ratings, and one has a strong sell on the company. The street high comes from Wedbush Securities with a $185 price target, and the lowest target sits at $125 from Wolfe Research.

25 analysts have revenue estimates for the third quarter. The mean revenue estimate between all 25 analysts is $73.276 billion; this number has been revised upwards from $66.284 billion at the start of the year. The highest revenue estimate is $77.054 billion, while the lowest is $65.682 billion.

Onto EBITDA estimates, there are currently only 9 analysts who have third-quarter EBITDA estimates. The mean is currently $22.516 billion, with this number having been revised up from $18.4 billion at the start of the year. Street high is a $24.44 billion EBITDA estimate and the lowest is $18.868 billion.

Analysts estimate that quarterly earnings per share will come in at $1.01, with this number being revised up from $0.76 at the start of the year. Street high is currently $1.16 and the lowest estimate is $0.82 per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Nevada Gold Mine Could Be Back in Production Next Year | Kimberly Ann – Lahontan Gold

The Highest-Grade Copper-PGM Discovery in the World? | Terry Lynch – Power Metallic

A Small Gold Explorer With a Big Mexico Hit | Saf Dhillon – Questcorp

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Village Farms: Raymond James Remains Bullish After Site Visit

Earlier this month Raymond James released a note reiterating their $27 price target and Strong...

Thursday, October 14, 2021, 11:26:00 AM

Analysts Anticipate Advanced Micro Devices To Record $3.62 Billion In Q2 Revenues

Advanced Micro Devices (NASDAQ: AMD) will be reporting their second quarter financial results on July...

Tuesday, July 27, 2021, 12:49:00 PM

Ayr Wellness: Cantor Halves Price Target On Weak Q1 Results

On May 26, Ayr Wellness (CSE: AYR.A) reported its first quarter financial results. The company...

Saturday, May 28, 2022, 05:08:00 PM

Netflix: Canaccord Increases Subscriber Growth Estimates

Last week, Netflix (NASDAQ: NFLX) announced that Universal and Netflix have extended their exclusive license...

Friday, July 23, 2021, 04:43:00 PM

Medipharm Labs Receives Price Target Reduction From Canaccord To $1.75

Yesterday, On November 16th, Medipharm Labs (TSX: LABS) reported their third quarter financial results. Reported...

Tuesday, November 17, 2020, 03:37:00 PM