Apple to post $14.36/€10.51 per share on sales of $58.1B/€42.5B, analysts say
Fortune’s Philip Elmer-DeWitt has posted the consensus estimates among 47 Apple analysts inquired on the potential outcome of today’s earnings call, reporting that Apple is returning to growth.Of those 47 figure-juggling people, 29 are Wall Street gurus, while the remainder 18 are Internet amateurs, or pundits.
Based on these people’s assumptions, Apple’s fiscal 2014 first quarter looks like this: “earnings of $14.36 per share on sales of $58.1 billion.” Also, feast your economics-hungry eyes on the colorful chart above.
These analysts are expecting the Cupertino giant to report year-over-year growth of 4.0% for earnings and 6.6% for revenue, according to Fortune.
If you’re looking to experience Apple’s earnings call first-ear, you’ll be able to listen to the live webcast at 2:00 p.m. PST at this here link: www.apple.com/quicktime/qtv/earningsq114.