Apple Inc (AAPL) Earnings Preview: Will The Tech Giant Beat Third Quarter Estimates With Global iPhone, iPad Sales? [VIDEO]

on July 23 2013 10:02 AM

Apple Inc. (NASDAQ:AAPL) is expected to report fiscal third-quarter earnings of $7.30 per share on revenue of $35.09 billion after the bell on Tuesday. That's compared to a profit of $9.32 per share on revenue of $35.02 billion in the year-ago period, according to analysts polled by Reuters.

Investors will keep an eye on the Cupertino, Calif.-based tech giant to see how iPhone sales perform globally. Shares of Apple Inc. closed Monday’s session up 0.32 percent to $426.31 per share.

Also on Tuesday, AT&T Inc. and United Parcel Service Inc. will report second-quarter results after the market closes.

AT&T Inc. (NYSE:T), the multinational telecommunications provider, is expected to book second-quarter earnings of 69 cents per share on revenue of $31.82 billion, compared to a profit of 66 cents per share on revenue of $31.58 billion in the year-ago period.

AT&T Inc. finished Monday's session down 0.64 percent at $35.58 a share.

United Parcel Service Inc. (NYSE:UPS), the American global package delivery company, is expected to issue second-quarter earnings of $1.14 a share on revenue of $13.60 billion, compared to a profit of $1.15 per share on revenue of $13.35 billion in the year-ago period.

UPS shares ended the session down 0.53 percent at $87.61.

Facebook Inc. (NASDAQ:FB), the online social network, will also report results after the market closes on Wednesday, and it's forecast to reveal second-quarter earnings of 9 cents per share on revenue of $1.62 billion, compared to a loss of 8 cents per share in the year-ago period on revenue of $1.18 billion.

Shares of Facebook closed Monday’s trading session up 0.63 percent at $26.05 per share. 

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