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Zenger
Zenger
World
Shanthi Rexaline

Apple’s Q3 Earnings Preview: Analysts Expect Decline, But Bullish Sentiment Persists

Toni Sacconaghi Daniel Ives China Apple
Customers walk past the Apple Store in Causeway Bay in Hong Kong. An Apple bull is confident that the company will at least hit Street expectations.An Apple bull is confident that the company will at least hit Street expectations. CFOTO/FUTURE PUBLISHING VIA GETTY IMAGES.

Apple, Inc. (NASDAQ:AAPL) is scheduled to report its fiscal-year third quarter on Thursday after the market closes.

Analysts, on average, expect the company to report earnings per share of $1.08 on revenue of $74 billion. This will mark a decline from the year-ago EPS of $1.20 and revenue of $82.96 billion. An Apple bull is confident that the company will at least hit Street expectations.

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