Global Stock News

Maintains Uptrend Ahead of Earnings, Better-Than-Expected Results Could Hit Record $350

Maintains Uptrend Ahead of Earnings, Better-Than-Expected Results Could Hit Record $350

TradingKey – Apple (AAPL) will report its fiscal fourth-quarter 2026 financial results after the U.S. market close on November 2. Ahead of the earnings release, the company’s stock was trading at $344.63, just about 1.6% shy of its all-time high of $350. Despite notable volatility during the latest trading session, the stock remains above its 20-day and 60-day moving averages, leaving its medium-term upward trend intact.

The market expects Apple’s fourth-quarter revenue to reach approximately $113.4 billion, up about 10.7% year-over-year, with earnings per share projected at $1.99, an increase of 7.6% year-over-year. The company has beaten market expectations for earnings per share in each of the past eight quarters. Therefore, investors…

Source link

Share this article

Scroll to Top