What's Going On With Microsoft Stock Tuesday?
Portfolio Pulse from Adam Eckert
Microsoft Corp (NASDAQ:MSFT) is set to report its fourth-quarter financial results after the market close on Tuesday. Analysts expect earnings of $2.93 per share and revenue of $64.357 billion. Microsoft has consistently beaten analyst estimates for the past five quarters. Analysts from Wedbush, BMO Capital, Piper Sandler, Mizuho, BofA Securities, and TD Cowen have all maintained positive ratings and raised their price targets for Microsoft ahead of the earnings report.
July 30, 2024 | 2:43 pm
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Microsoft is expected to report its Q4 earnings with analysts forecasting $2.93 EPS and $64.357 billion in revenue. The company has a strong track record of beating estimates, and several analysts have raised their price targets ahead of the report.
Microsoft has consistently beaten earnings and revenue estimates for the past five quarters, indicating strong performance. Multiple analysts have raised their price targets, suggesting positive sentiment and expectations for the upcoming earnings report.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100