Data: Apple primed to beat earnings estimates

An Apple store employee with a customer in Chicago.

Apple’s shares are down more than 16 percent the last three months versus an approximately 10 percent decline for the S&P 500 andNasdaq as investors and analysts lower their expectations for the company’s earnings report Tuesday evening.

Many investors are betting the tech giant may actually surprise with an earnings per share beat, according to Estimize, a crowdsourced financial estimates platform, where more than 16,000 people provide their own guesses.
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