05:57 AM EDT, 05/02/2024 (MT Newswires) -- Apple ( AAPL ) has over the last 21 years of data we've tracked in our MT Pro database favored reversals off downside trade in the wake of its earnings-driven after-hours moves. It is recently favoring widening on the upside.

AAPL has recorded an earnings-driven after-hours gain in 49 of the 82 quarters tracked in our database. The stock added to its after-hours upside in next-day action 25 times and reversed direction 23 times -- and once remained even with its after-hours move. On the downside, AAPL has recorded 33 earnings-driven after-hours declines - adding to its negative trade 12 times in next-day action, and reversing direction 21 times, or 64% of the time.

AAPL is due with its Q2 results in the after-hours today, and analysts expect the company to report a profit of $1.51 per share on revenue of $90.6 billion, according to Capital IQ.

Price: 170.35, Change: +1.05, Percent Change: +0.62