Apple's Earnings Beat Expectations at $0.04, While Profits Soar Higher Than Anticipated

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Apple's Earnings Beat Expectations at $0.04, While Profits Soar Higher Than Anticipated

According to Investing.com, Apple's (NASDAQ: AAPL) fourth quarter earnings per share were $1.64, which is $0.04 better than analysts' expectations of $1.60. The reported profit for this quarter was determined to be $94.9 billion, while analyst expectations were $94.4 billion.

Apple shares closed the day at $225.68. This level indicates that the company's value has increased by 2.65% over the last three months and shows a 29.72% gain over the past 12 months. Over the last 90 days, Apple has seen 20 positive earnings per share reports and 4 negative ones.

You can review how Apple’s stock price reacted to past earnings reports. According to InvestingPro, Apple's financial health score is "Performing Quite Well." You can examine the latest earnings reports and all financial information of Apple here. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.