Published on 25 Jan 2022 on Zacks via Yahoo Finance
Apple (AAPL) to Report Q1 Earnings: What's in the Offing?
Apple AAPL is set to report first-quarter fiscal 2022 results on Jan 27, 2022.Apple did not provide revenue guidance for the first quarter of fiscal 2022, given the uncertainty around the impact of the coronavirus pandemic. The company expects the negative effect of supply chain constraints on the top line to be much greater than in fourth-quarter 2021.The Zacks Consensus Estimate for revenues is currently pegged at $118.13 billion, indicating growth of 6.01% from the year-ago quarter’s reported figure.The consensus mark for earnings is currently pegged at $1.89 per share, unchanged over the past 30 days and indicating 12.5% growth from the figure reported in the year-ago quarter.Notably, the company’s earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, the earnings surprise being 22.29%, on average.
Apple Inc. Price and EPS Surprise
