Apple Investors, Mark Your Calendars: April 28 Is Earnings Day

The big day is only about three weeks away. Apple has scheduled its fiscal second quarter earnings report for Wednesday, April 28. Here are a few reminders to help Apple investors get ready for the event.
Author:
Publish date:

The most important event of the past three months for Apple investors has been scheduled. On Wednesday, April 28, the Cupertino company will announce the results of its fiscal second quarter 2021.

As usual, the Apple Maven will cover the event via live blog, starting that day at 4 p.m. EST. For a taste of what to expect, check out our most recent real-time report on Apple’s financial performance in the fiscal fourth period of 2020. Then, bookmark the Apple Maven’s homepage and start the countdown!

"Earnings St." sign

Figure 1: Earnings season.

A few interesting facts

As Apple’s earnings day approaches, keep the following tidbits in mind:

  • Apple has topped consensus expectations on revenues and earnings per share in each of the past 15 consecutive quarters;
  • Wall Street currently anticipates Apple’s quarter to be substantially better than the first period of the COVID-19 crisis: 32% revenue growth and 53% earnings increase year-over-year;
  • Apple always reports earnings after the closing bell, and the press release usually comes out at 4:30 p.m. EST;
  • During the same week that Apple announces its results, all other Big Tech companies tend to do the same. It is not unusual for Amazon, Microsoft, Facebook and/or Tesla to share their earnings day with the Cupertino company.

Twitter speaks

Will Apple’s financial performance impress this time around? I asked Twitter for an opinion, and below are the answers.

Read more from the Apple Maven:

(Disclaimers: this is not investment advice. The author may be long one or more stocks mentioned in this report. Also, the article may contain affiliate links. These partnerships do not influence editorial content. Thanks for supporting The Apple Maven)