What analysts are expecting from Apple’s earnings report

Mon, Oct 18, 2010

Finance, News

Ahead of Apple’s earnings report, analysts continue to adjust and calibrate their financial estimates for the consumer electronics giant. But analysts aren’t the only ones taking notice. Investors finally seems to have internalized how strong Apple’s financials are, rewarding the stock with an unprecedented run up to $319 as of this morning.

Apple’s earnings report will hit the wire later this afternoon and will be followed by an earnings conference call with Apple COO Tim Cook and CFO Peter Oppenheimer. The consensus on Wall St. is that Apple will report earnings of $4.11 a share on revenue of $18.86 billion for the quarter gone by. Bloggers meanwhile, who tend to actually be more accurate in their predictions than the Wall St. pros, anticipate earnings of $4.73 a share on revenue of $20.37 billion.

Now for those of you keeping score at home, Philip Elmer-DeWitt of Fortune compiled this handy chart laying out all the major predictions for Apple’s earnings report tomorrow.



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