Roundup of Analyst Expectations Ahead of Apple Q411 Earnings Call
Philip Elmer-Dewitt has put together his list of analyst expectations ahead of Apple's quarterly earnings report this afternoon. The list includes estimates from 16 "independent" analysts and 42 "affiliated" analysts who work for large investment houses or research organizations.
As usual, the independent analysts are much more bullish than the affiliated analysts. The independent consensus expects earnings per share (EPS) of $9.07 on revenue of $33.47 billion. The institutional consensus is EPS of $7.31 on $29.45 billion in revenue.
Click through to Elmer-DeWitt's post at Fortune to see the full-size chart.
Apple will announce its earnings for the fourth fiscal quarter of 2011 (third calendar quarter) and host a conference call regarding the release this afternoon at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern.
Last quarter the company announced record-breaking results in a number of areas, including $7.31 billion in profit on revenue of $28.57 billion. For the fourth fiscal quarter, Apple has issued guidance of $25 billion in revenue with profits of $5.50 per share.