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Microsoft quarterly balance: analyzes and forecasts
Read all forecasts and estimates for Microsoft's quarterly earnings on April 24, 2024. Analysts reveal their estimates for earnings and sales. Finanz.net has the information. #Microsoft #Quarterly Results #Analysts #Businessresults
Microsoft quarterly balance: analyzes and forecasts
Microsoft will report its financial results for the quarter ended March 31, 2024 on April 25, 2024. Analysts forecast the company will earn an average of $2.82 per share, compared to $2.45 per share in the year-ago quarter. Sales for the past quarter will average $60.83 billion, up 15.09 percent from last year's $52.86 billion, according to estimates from 37 analysts.
For the current fiscal year, 46 analysts on average forecast earnings per share of $11.67, compared to $9.72 last year. Revenue is estimated by 50 analysts on average at $244.26 billion, compared to $211.92 billion last year. These figures indicate a positive development and demonstrate Microsoft's continued growth in an increasingly digital market environment.
Investors and market watchers will be eagerly awaiting Microsoft's quarterly results as it will provide insight into the tech giant's performance and the overall health of the industry. Analysts' expectations are based on various economic factors and the company's past performance in the market. These numbers are also expected to have an impact on Microsoft's stock price and potentially the entire technology sector.