For the first quarter, the company has guided adjusted earnings of $0.70-0.76 per share and unadjusted earnings in the range of $0.57 per share to $0.63 per share. Analysts forecast adjusted earnings of $0.74 per share on revenue of $13.35 billion for the January quarter. That compares with earnings of $0.81 per share and revenue of $13.19 billion reported in the first quarter of 2024.
In the fourth quarter of 2024, net revenue grew 2% year-over-year to $14.1 billion. Adjusted earnings increased 3% from last year to $0.93 per share in Q4.