On Thursday, April 30, Apple (AAPL), SanDisk (SNDK), and Reddit (RDDT) will report their earnings. All three companies will report after the closing bell. Traders are already weighing in with their expectations on Polymarket.
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- Apple is expected to report a GAAP EPS of $1.94.
- SanDisk is expected to report an adjusted EPS of $14.34.
- Reddit is expected to report a GAAP EPS of 57 cents.
What is Polymarket?
Polymarket is a prediction platform where traders bet on the outcomes of real-world events, including earnings reports, elections, and economic indicators. Polymarket odds reflect expectations and can provide insight into investor sentiment.
Will Apple Beat Earnings?
Apple has beaten or met earnings estimates during 17 of the past 18 quarters for a success rate of 94.44%. Polymarket gives the multinational tech company a 92% chance of beating its estimated GAAP EPS of $1.94.
Will SanDisk Beat Earnings?
SanDisk has beaten or met earnings estimates during 4 of the past 4 quarters for a success rate of 100%. Polymarket gives the memory and storage solutions company a 94% chance of beating its estimated adjusted EPS of $14.34.
Will Reddit Beat Earnings?
Reddit has beaten or met earnings estimates during 8 of the past 8 quarters for a success rate of 100%. Polymarket traders give the technology company a 93% chance of surpassing its estimated GAAP EPS of 57 cents.
Disclosure: Polymarket odds reflect expectations, not guaranteed outcomes. The odds represent the views and expectations of traders, but actual earnings results can differ significantly from these predictions. Investors should treat Polymarket data as just one tool when evaluating their investment decisions.