Apple Q2 Earnings Preview: What to Expect From Upcoming Report

Apple Sees Q2 EPS of $1.60, Revenue Momentum in Focus

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1 day ago
Summary
  • Apple is projected to report $1.60 Q2 EPS, driven by robust Services growth and steady iPhone demand
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April 28 - Apple (AAPL, Financial) is gearing up to report its fiscal second-quarter 2025 results after markets close on Thursday, May 1.

Wall Street expects the Cupertino-based tech giant to post diluted earnings of $1.60 per share, up about 5% from $1.53 in the same period last year. Apple has exceeded analyst earnings forecasts for four straight quarters, helped by steady iPhone sales, strong growth in its high-margin Services segment, and tight cost controls.

In the previous quarter, Apple reported an EPS of $2.40, beating consensus estimates by roughly 2%. For fiscal year 2025, analysts project full-year EPS will rise to $7.22 from $6.75 in fiscal 2024, marking a 7% annual increase. Further out, fiscal 2026 earnings are expected to climb another 11% to $8.03.

Over the past 52 weeks, Apple shares have gained 13%, outperforming the broader S&P 500 Index, which advanced 3%, and the Technology Select Sector SPDR Fund, which slipped 5%.

Earlier this month, Apple stock tumbled more than 25% as escalating U.S.-China trade tensions triggered fears of rising costs and weaker demand. However, shares rebounded 15% on April 9 following signs of a potential easing in tariff policies.

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