Markets Await Apple Earnings on Tuesday

Apple reports fiscal 2017 first-quarter earnings on Tuesday after the markets close.
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Apple(AAPL) - Get Report reports fiscal 2017 first-quarter earnings on Tuesday after the markets close. Analysts expect Apple to report earnings of $3.22 a share on sales of $77.38 billion. During the same quarter a year ago, the technology giant clocked earnings of $3.28 a share on revenue of $75.87 billion. iPhone sales and services revenue are two key segments that will be closely watched in the report.

Meanwhile, Aetna (AET) , United Parcel Service(UPS) - Get Report and Under Armour(UA) - Get Report(UAA) - Get Report release quarterly results before the markets open.

In economic data, the employment cost index for the fourth quarter will be released at 8:30 a.m. EST, while the S&P Corelogic Case-Shiller home price index for November will be out at 9 a.m.