tl;dr
According to S&P Global Market Intelligence, Apple (AAPL) is the only top five S&P 500 company expected to see a decline in quarterly EPS. Wall Street analysts anticipate a 0.83% year-over-year decrease in EPS and a 4.4% drop in revenue for Apple's fiscal second quarter results, scheduled for May 2....
According to S&P Global Market Intelligence, Apple (AAPL) is the only top five S&P 500 company expected to see a decline in quarterly EPS. Wall Street analysts anticipate a 0.83% year-over-year decrease in EPS and a 4.4% drop in revenue for Apple's fiscal second quarter results, scheduled for May 2. Year-to-date, Apple has lagged behind other Magnificent 7 stocks due to competition, regulatory concerns, and slowing consumer demand in the U.S. and China. Despite a stock price decline of around 8% in the first three months of the year, Apple has consistently beaten earnings over the last four quarters. On the other hand, Nvidia (NVDA) leads the year-to-date price performance among the Magnificent 7, with an 87.5% increase. It is estimated to achieve 405.9% higher EPS compared to the previous year. Amazon.com (AMZN) follows with a forecasted growth of 173.5% in EPS. The energy sector in the S&P 500 is expected to achieve the highest first-quarter EPS gains at 27.3%, outpacing the broader index average of 20%. The real estate sector follows with an expected annual EPS growth of 10.8%. Artificial intelligence has been a significant catalyst for tech in the new year, driving the performance of Nvidia and other mega tech companies.
More about Apple Inc
Apple Inc. Summary Apple Inc.
Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. It is the world's largest technology company by revenue, totaling $274.5 billion in 2020, and the world's most valuable company since January 2021. As of
More about NVIDIA Corporation
NVIDIA Corporation Summary NVIDIA Corporation
Nvidia Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.
Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES
Market Cap: $198.79 billion
Current Price: $190.00
Price Change: $0.16
Dividend Yield: 11.93%
PE Ratio: 24.68
Beta: 0.488
Market Cap (intraday): $60.92 billion
Shares Outstanding: 1.003 billion
Revenue: $61.92 billion
Operating Margin: 7.61%
Return on Equity: 2.653
More about Amazon.com Inc
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Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: TRADE & SERVICES
Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 1,843,670,548,000
P/E Ratio: 60.9
Dividend Yield: None
Beta: 2.91
EPS: 55.78
Price/Sales: 0.0529
Shares Outstanding: 574,784,995,000
Volatility: 211.32
52-Week Range: 50.69 - 139
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