It is estimated that adjusted profit increased to $1.09 per share in the July quarter from $0.95 per share in the year-ago quarter. The market is looking for revenues of $11.73 billion for Q3, higher than the $8.88 billion revenue the company delivered a year earlier.
In the second quarter, revenues rose to $12.49 billion from $8.73 billion in the prior-year period and came in above analysts’ forecast. Adjusted earnings were $10.96 per share in Q2, up 6% year-over-year.