What to Expect From Apple's Earnings on Tuesday

On Tuesday, May 2, investors await quarterly results from Apple (AAPL) - Get 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 Report , CVS Health (CVS) - Get Report and Mondelez (MDLZ) - Get Report .