Apple reports fiscal fourth-quarter earnings after the bell on Monday, with new CEO John Ternus expected to address Wall Street in a meaningful way for the first time.

Here's what analysts are expecting, according to LSEG.

EPS: $1.99

$1.99 Revenue: $113.39 billion

Revenue is expected to increase 11% from $102.5 billion a year earlier. Analysts project $56.59 billion in iPhone sales for the quarter.

Wall Street is closely watching iPhone revenue because the report will include eight days of new iPhone 18 Pro sales. But Apple's new flagship device, the iPhone Duo, didn't hit store shelves until the quarter was over, and Apple didn't announce a new entry-level iPhone 18.

Apple also raised prices on iPhones by $100, which may have hurt demand in the quarter.

Monday's earnings call, set to start at 5 p.m. ET, will be the first with Ternus at the helm. Investors want to hear from him about the company's plans in China after its AI software got approved, as well as the slew of recent product launches and how the company continues to grapple with global shortages of memory and flash storage.