Apple: Q3 Earnings Insights

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Apple AAPL reported its Q3 earnings results on Thursday, July 28, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

Earnings

Apple beat estimated earnings by 3.45%, reporting an EPS of $1.2 versus an estimate of $1.16.

Revenue was up $1.52 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 3.66% drop in the share price the next day.

Here's a look at Apple's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.43 1.88 1.24 1
EPS Actual 1.52 2.10 1.24 1.3
Revenue Estimate 93.89B 118.28B 84.85B 72.93B
Revenue Actual 97.28B 123.94B 83.36B 81.43B

To track all earnings releases for Apple visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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