Microsoft Corporation Earnings Preview
Next Earnings Release: April 25, 2024
After-Hours Report
Microsoft Corporation (MSFT) is expected to report its earnings for the quarter ended March 31, 2024, after the market closes on April 25, 2024. Analysts are expecting the company to report earnings per share (EPS) of $2.81.
Microsoft has been performing well in recent quarters, driven by strong growth in its cloud computing business. The company's Azure cloud platform is one of the leading providers of cloud computing services, and it has been growing rapidly in recent years. Microsoft's other businesses, such as its Office suite of productivity software and its Windows operating system, have also been performing well.
Investors will be looking for Microsoft to continue its strong performance in the upcoming earnings report. The company is expected to report strong growth in its cloud computing business, and analysts are expecting the company to beat EPS estimates.
Here are some key things to watch for in the upcoming earnings report:
- Revenue growth: Microsoft's revenue is expected to grow by about 10% in the upcoming quarter. This growth will be driven by strong performance in the company's cloud computing business.
- EPS growth: Microsoft's EPS is expected to grow by about 15% in the upcoming quarter. This growth will be driven by strong revenue growth and cost controls.
- Cloud computing growth: Microsoft's Azure cloud platform is expected to continue to grow rapidly in the upcoming quarter. This growth will be driven by strong demand for cloud computing services from businesses and consumers.
Investors will be looking for Microsoft to continue its strong performance in the upcoming earnings report. The company is expected to report strong growth in its cloud computing business, and analysts are expecting the company to beat EPS estimates.
Comments