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3 Stocks to Buy Following Positive Earnings Results [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Total earnings for the S&P 500 members that have reported Q1 results are up +4.8% from the same period last year on +4.1% higher revenues. The earnings growth pace reflects an acceleration relative to other periods, undoubtedly a positive development. Estimates for the coming 2024 Q2 cycle have been trending higher, reflecting optimism among analysts. So far, several companies, including Apple AAPL, Eli Lilly LLY, and Crocs CROX, have seen post-earnings positivity. Let's take a closer look at each. Apple Concerning headline figures, the company posted a 1.3% beat relative to the Zacks Consensus EPS estimate and posted sales 1% ahead of expectations. It reflected the company's fifth consecutive double-beat, owing to its ability to positively surprise investors. Notably, the tech titan announced the biggest buyback in corporate history totaling $110 billion. Reflecting further positivity, Apple also unveiled a 4% boost to its quarterly payout, reflecting the 12 th consecutive
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