Yahoo Finance The Best Options Trade for Apple Inc. (AAPL) Earnings
On Tuesday, October, 24th, Apple Inc. (AAPL) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of B.
Dave will look at Apple’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Apple Inc. ahead of earnings.
Apple Inc. in Focus
Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.
Apple is expected to report earnings of $1.65 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 2.16% at $1.42 per share, beating estimates of $1.39 per share.
APPLE INC Price and EPS Surprise
APPLE INC Price and EPS Surprise | APPLE INC Quote
Apple is trading around $117.62 a share, and they are near to their 52-week high of $123.82 per share, and they have an average earnings beat of 1.03%.
Bottom Line
How should investors play Apple ahead of their earnings report? For insights on the best options trades, make sure you are subscribe to Live Trader to see Dave Bartosiak at 9:00 am on Tuesday.
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APPLE INC (AAPL): Free Stock Analysis Report
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