Microsoft Likely To Report Higher Quarterly Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Microsoft Corporation (NASDAQ:MSFT) is expected to report higher quarterly earnings at $2.55 per share, up from $2.23 per share a year ago. The company's revenue is projected to be $55.47 billion. Microsoft shares rose 0.4% to close at $345.11 on Monday. Several analysts have recently updated their price targets for Microsoft, with most predicting an upside in the company's stock.
July 25, 2023 | 7:39 am
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Microsoft is expected to report higher quarterly earnings. Analysts have recently updated their price targets, with most predicting an upside in the company's stock.
The news directly pertains to Microsoft and its upcoming earnings report. The positive earnings expectation and the recent price target updates by analysts, most of which predict an upside, are likely to have a positive impact on the company's stock in the short term.
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