By the numbers: Q3 earnings expectations | Inside Apple - July, 29th 2019

Inside Apple (Jul 29th, 2019)

By the numbers: Q3 earnings expectations

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3. By the numbers: Q3 earnings expectations. In summary, they’re consistent and devoid of surprises. The Thompson Reuters average of 32 analyst estimates is just below Apple’s guidance, and analysts expect Apple’s guidance for Q4 to drop year-on-year, presumably due to lower iPhone sales, which are no longer specifically disclosed. — 9TO5MAC

Apple’s Q3 guidance: $52.5B to $54.5B
Thompson Reuters average analyst estimate: $53.39 B
Expected earnings per share: $2.18 (down >10 percent)
Thompson Reuters expected Q4 guidance: $60.98B (down from $62.90B last year)


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