EOG's, Apple's Earnings -- August 1, 2017

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Title : EOG's, Apple's Earnings -- August 1, 2017
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EOG's, Apple's Earnings -- August 1, 2017

EOG: big miss
  • reported second quarter 2017 net income of $23.1 million, or $0.04 per share (vs estimate of 11 cents); down almost 4% in after-hours;
  • this compares to a second quarter 2016 net loss of $292.6 million, or $0.53 per share
  • adjusted non-GAAP net income for the second quarter 2017 was $46.7 million, or $0.08 per share, compared to an adjusted non-GAAP net loss of $209.7 million, or $0.38 per share, for the same prior year period
AAPL (earnings still pending)
At the close, AAPL: $150.05, (up $1.32, 0.89%)
After the close, AAPL: remains flat; waiting for earnings. I'm not in front of a television, so I will have to watch post-market move to see if I can get hint of earnings having been reported.

Analysts forecast:
  • 3Q17 EPS: $1.57
  • 3Q17 revenue: $44.95 billion
  • gross margin: 38.2%
  • iPhone unit sales: 41.1 million
  • iPhone average sales price: $628
  • 4Q17 revenue guidance: $49.12 billion


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