Analysts forecast adjusted earnings of $0.75 per share for Q3, which represents a sharp increase from the prior-year quarter when the company earned $0.40 per share. Third-quarter revenue is expected to grow sharply to $33.13 billion from $18.12 billion in the comparable quarter of 2024
In the second quarter, adjusted profit more than doubled to $0.68 per share. The reported profit was $16.6 billion or $0.67 per share in Q3, which represents an increase of more than 100% from the year-ago quarter. Driving the strong bottom-line growth, revenues surged to $30.0 billion.