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What to Expect From Apple's Earnings on Tuesday

On Tuesday, May 2, investors await quarterly results from Apple AAPL.
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On Tuesday, May 2, investors await quarterly results from Apple (AAPL) - Get Apple Inc. Report .

Apple is expected to report earnings of $2.02 a share on sales of roughly $53 billion. During the same quarter a year ago, the company posted earnings of $1.90 a share on sales of $50.56 billion. Investors will be parsing the tech giant's cash stockpile, which currently stands at $246 billion.

Other companies reporting earnings on Tuesday include MasterCard (MA) - Get Mastercard Incorporated Class A Report , CVS Health (CVS) - Get CVS Health Corporation Report and Mondelez (MDLZ) - Get Mondelez International, Inc. Class A Report .

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