Erste Group Bank Cuts FY2027 EPS Estimates for Apple

Research analysts lower earnings projections for tech giant

Mar. 27, 2026 at 12:36pm

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Apple Inc. (NASDAQ:AAPL) - Research analysts at Erste Group Bank have cut their FY2027 earnings estimates for Apple in a research report issued to clients and investors. Erste Group Bank analyst H. Engel now anticipates that the iPhone maker will earn $9.32 per share for the year, down from their previous estimate of $9.34. The consensus estimate for Apple's current full-year earnings is $7.28 per share.

Why it matters

Apple is one of the most closely watched and influential technology companies, and its earnings projections are closely followed by investors and analysts. Revisions to long-term earnings estimates can impact the company's stock price and market valuation.

The details

In the research report, Erste Group Bank analyst H. Engel lowered the firm's FY2027 earnings per share (EPS) estimate for Apple from $9.34 to $9.32. The consensus estimate for Apple's current full-year earnings is $7.28 per share. Erste Group Bank cited unspecified factors for the modest downward revision to their long-term EPS forecast for the iPhone maker.

  • The research report was issued on Tuesday, March 24, 2026.

The players

Erste Group Bank

An Austrian banking group and one of the largest financial services providers in Central and Eastern Europe.

H. Engel

A research analyst at Erste Group Bank who covers Apple.

Apple Inc.

A multinational technology company headquartered in Cupertino, California that designs, develops, and sells consumer electronics, software, and services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

While a modest downward revision, Erste Group Bank's reduced FY2027 EPS estimate for Apple reflects the ongoing scrutiny and uncertainty around the tech giant's long-term growth prospects amid a competitive and rapidly evolving consumer electronics landscape.