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

Gold, Silver & the $1.48 Quadrillion Derivatives Threat | Lynette Zang – Zang International

These Mining Stocks Have Huge Upside… But Here’s the Catch | Oct. 19-23 – Weekly Mining Mailbag

Selkirk Copper: Why The PEA Discount?

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

DraftKings: Consensus Estimates For Q1 2021

DraftKings (NASDAQ: DKNG) will be reporting its first quarter financial results on May 7th before...

Thursday, May 6, 2021, 05:17:00 PM

Netflix: Analysts Call For Q2 Revenues Of $8.0 Billion

Netflix (NASDAQ: NFLX) will be reporting its second quarter financial results on July 19 after...

Monday, July 18, 2022, 04:18:00 PM

McDonald’s: BMO Lifts Target To $285 After Q2 Results

On July 26th, McDonald’s (NYSE: MCD) reported its second quarter financial results. They announced that...

Tuesday, August 2, 2022, 05:10:00 PM

IAMGOLD: BMO Lowers Price Target After Disappointing Guidance

On January 12th, IAMGOLD Corp (TSX: IMG) announced its preliminary 2021 operational results and 2022...

Friday, January 14, 2022, 03:36:00 PM

Bonterra Sees BMO Lower Estimate After Guidance Comes Up Short

On December 16th, Bonterra Resources (TSXV: BTR) announced its 2022 guidance. They are now guiding...

Monday, December 20, 2021, 02:36:00 PM