Microsoft Corporation (MSFT) is currently facing significant attention from investors, with shares returning +5.2% over the past month, while the Zacks S&P 500 composite increased by +6.3%. The Zacks Computer-Software industry, in which Microsoft operates, saw a gain of +7.6% during the same period.
For the current quarter, Microsoft is projected to report earnings of $3.35 per share, marking a year-over-year increase of +13.6%. The consensus earnings estimate for the current fiscal year stands at $13.33, also reflecting a +13% year-over-year change. The company’s revenue for this quarter is forecasted at $73.71 billion, indicating a +13.9% increase from the previous year. Microsoft reported revenues of $70.07 billion last quarter, beating estimates by +2.46%.
Currently, Microsoft’s Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term. The company’s consensus sales estimates for the next fiscal years are projected at $278.8 billion and $313.23 billion, representing +13.7% and +12.3% growth, respectively.
