Sandisk posted Q3 revenue of $5.95B, up 252% year over year, crushing estimates and guiding Q4 revenue and EPS well above consensus. Apple delivered Q2 revenue of $111.18B and EPS of $2.01, both ahead of expectations, while raising its dividend 4% and authorizing a new $100B share buyback. The article is broadly positive for both companies, with earnings beats and shareholder returns likely to support the stocks.
Sandisk posted Q3 revenue of $5.95B, up 252% year over year, crushing estimates and guiding Q4 revenue and EPS well above consensus. Apple delivered Q2 revenue of $111.18B and EPS of $2.01, both ahead of expectations, while raising its dividend 4% and authorizing a new $100B share buyback. The article is broadly positive for both companies, with earnings beats and shareholder returns likely to support the stocks.
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strongly positive
Sentiment Score
0.82
Ticker Sentiment
