Earnings Watch: Apple Inc (AAPL), Facebook Inc (FB), AT&T Inc (T), United Parcel Service Inc (UPS)

1 MIN:24SEC
Category: Companies / Jul 22, 2013 6:33PM EDT

All eyes are on Apple Inc. (Nasdaq: AAPL) as the tech giant is gearing up to report earnings after the bell on Tuesday.

Apple is expected to report lower profit as analysts forecast fiscal third-quarter earnings of $7.30 per share on revenue of $35.09 billion, compared with a profit of $9.32 per share on revenue of $35.02 billion in the year-ago period, according to analysts polled by Reuters.

In addition, AT&T Inc. and United Parcel Service, Inc. will report results after the bell Tuesday.

AT&T Inc. (NYSE:T) is expected to post second-quarter earnings of 69 cents per share on revenue of $31.82 billion, compared with a profit of 66 cents per share on revenue of $31.58 billion in the year-ago period.

United Parcel Service, Inc. (NYSE:UPS) is predicted to report second-quarter earnings of $1.14 a share on revenue of $13.60 billion, compared with a profit of $1.15 per share on revenue of $13.35 billion in the year-ago period.

After the bell Wednesday, Facebook Inc. (Nasdaq: FB) is forecast to issue second-quarter earnings of 9 cents per share on revenue of $1.62 billion, compared with a loss of 8 cents per share in the year-ago quarter on revenue of $1.18 billion.