Apple shares were rising in late trading Thursday, after the company posted fiscal third-quarter adjusted earnings of $1.57 a share, ahead of Wall Street's $1.43 per share estimate. Revenue for the quarter was $94 billion.

Apple is scheduled to report quarterly earnings after the closing bell Thursday, with traders anticipating a sizable move from the iPhone maker's stock.

As anticipation builds for Apple Inc.‘s (NASDAQ:AAPL) upcoming earnings report, investors are closely watching how the tech giant’s performance might impact its stock and dividend yields. Apple will release earnings results for the third quarter after the closing bell on Thursday.