Microsoft Q1 EPS $2.99 Up From $2.35 YoY, Sales $56.50B Beat $51.40B Estimate
Portfolio Pulse from Benzinga Newsdesk
Microsoft reported Q1 earnings of $2.99 per share, a 27.23% increase YoY. The company's quarterly sales were $56.50 billion, beating the analyst consensus estimate of $51.40 billion by 9.92%. This represents a 12.72% increase over sales of $50.12 billion the same period last year.
October 24, 2023 | 8:02 pm
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Microsoft's Q1 earnings and sales exceeded expectations, indicating strong financial performance.
Microsoft's Q1 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100