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Earnings Update: Apple & Yahoo!

by The TopStock Team

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Earnings Update: Apple & Yahoo!

Apple (AAPL) reported Q3 earnings per share of $7.79, which was $1.94 ahead of the Reuters consensus estimate of $5.85.

The company reported revenues of $28.57 billion, which also exceeded the Reuters estimate of $24.98 billion.

Yahoo! (YHOO) reported Q2 earnings per share of $0.18, which was $0.01 below the Reuters consensus of $0.19. 

The company reported revenues of $1.08 billion, which was also below the Reuters estimate of $1.11 billion.

Yahoo guided Q3 revenues to a range of $1.05 - $1.10 billion. The current Reuters consensus is $1.12 billion.

Apple is trading at $397.20 in the after hours session, up $20.35 or +5.4%

Yahoo is trading at $14.32 in the after hours session, down -$0.27, or -1.85%

 

  Apple - Last 12 Months
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  Yahoo - Last 12 Months
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Disclosure: Mr. Moenning and/or affiliated companies own positions in the following stocks mentioned: AAPL

 

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  Apple - Last 3 Months
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  Yahoo - Last 3 Months
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