Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Microsoft (MSFT) Reports Q4: Everything You Need To Know Ahead Of Earnings

MSFT Cover Image

Tech giant Microsoft (NASDAQ:MSFT) will be announcing earnings results tomorrow after market close. Here’s what to expect.

Microsoft beat analysts’ revenue expectations by 1.6% last quarter, reporting revenues of $65.59 billion, up 16% year on year. It was a strong quarter for the company, with a solid beat of analysts’ operating income estimates.

Is Microsoft a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Microsoft’s revenue to grow 10.9% year on year to $68.8 billion, slowing from the 17.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.12 per share.

Microsoft Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Microsoft has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.6% on average.

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.