Microsoft Q3 2024 GAAP EPS $2.94 Beats $2.82 Estimate, Sales $61.900B Beat $60.804B Estimate
Portfolio Pulse from Benzinga Newsdesk
Microsoft reported Q3 2024 earnings with a GAAP EPS of $2.94, surpassing the $2.82 estimate, and sales of $61.900B, exceeding the $60.804B estimate. This represents a 17.11% increase in sales compared to the same period last year.

April 25, 2024 | 8:02 pm
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Microsoft's Q3 2024 earnings exceeded expectations with an EPS of $2.94 and sales of $61.900B, indicating strong financial performance.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant year-over-year sales growth further emphasizes the company's strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100