Microsoft balance sheet: Analysts forecast earnings of $2.82 per share

Microsoft balance sheet: Analysts forecast earnings of $2.82 per share

Microsoft will announce its financial results for the quarter ended March 31, 2024 on April 25, 2024. Analysts are forecasting average earnings per share of $2.82 for Microsoft's balance sheet, compared to $2.45 in the same quarter last year. On the revenue side, Microsoft is expected to post an average of $60.83 billion last quarter, up 15.09 percent from last year's $52.86 billion.

For the current fiscal year, 46 analysts on average forecast earnings per share of $11.67, compared to $9.72 last year. Sales are estimated by 50 analysts at an average of USD 244.26 billion, after generating USD 211.92 billion in the previous year. Microsoft is expected to present its quarterly results for the past quarter and analyze business development based on the figures achieved.

It remains to be seen how the forecast figures will be reflected in actual results and what impact these will have on Microsoft's share price. Shareholders and investors will eagerly await the publication of the quarterly results in order to make their decisions in this regard. Microsoft has a history of solid performances, and analyst expectations give investors insight into the possible direction the company could be heading.

The quarterly earnings release will provide important information about Microsoft's financial health and performance. This will enable investors and market observers to make informed decisions about their holdings. With the forecast numbers in mind, many will be paying attention to whether Microsoft will be able to meet or exceed analysts' expectations.