Microsoft Stock Is Sliding Thursday: What's Going On?
Portfolio Pulse from Adam Eckert
Microsoft's stock is sliding due to mixed reactions to its Q1 financial results. Despite beating revenue and EPS estimates, concerns over forward guidance and Azure growth are impacting investor sentiment.
October 31, 2024 | 1:37 pm
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NEGATIVE IMPACT
Microsoft's stock is down 4.30% after Q1 results. Despite beating revenue and EPS estimates, forward guidance and Azure growth projections are below expectations, causing investor concern.
Microsoft's Q1 results exceeded expectations in revenue and EPS, but the stock is down due to lower-than-expected forward guidance and Azure growth projections. This has led to a negative short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100