- Company News: Apple (AAPL) quarterly results beat analysts’ expectations
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31 outubro 2019
Company News: Apple (AAPL) quarterly results beat analysts’ expectations
Apple (AAPL) reported Q4 FY 2019 earnings of $3.03 per share (versus $2.91 in Q4 FY 2018), beating analysts’ consensus estimate of $2.83.
The company’s quarterly revenues amounted to $64.040 bln (+1.8% y/y), beating analysts’ consensus estimate of $62.862 bln.
The company also issued upside guidance for Q1 FY 2020, projecting revenues of $85.5-89.5 bln versus analysts’ consensus estimate of $86.21 bln and gross margins of 37.5-38.5% versus analysts’ consensus estimate of 37.8% and 38.0% last year.
AAPL rose to $248.80 (+2.28%) in pre-market trading.
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