According to Zacks Investment Research, Microsoft Co. (NASDAQ: MSFT) is expected to announce $40.12 Billion as net sales for this fiscal quarter.
Microsoft Stocks will reportedly announce its report on the quarterly earnings on Wednesday, 3rd February. Till now, twelve expert analysts have submitted reports on estimated earnings of Microsoft Co. The lowest estimate stands at $39.89 billion and the highest is estimated at $40.62 billion.
Compared to last year, the earnings of this year show considerable change. Last year, NASDAQ: MSFT posted its sales for this same quarter as $36.91 billion. This suggests that the firm had an 8.7% positive yearly growth rate.
Microsoft Co. (NASDAQ: MSFT) Stock Analysis
Zacks Investment Research suggests that NASDAQ: MSFT’s FY2020 sales will stand at $157.39 billion. The sales will approximately range from $154.48 – $159.94 billion. For the upcoming financial year, expert analysts suggest that the firm’s estimated sales will stand at $173.25 billion along with the estimates varying from $163.95 to $180.64 billion.
The quarterly earnings report for the previous quarter was released on the 27th of October. The earnings stood at $1.82 EPS as opposed to the general consensus of $1.53. The company’s return on equity stood at 40.74% along with the net margin of 32.28%. The estimated income for the firm was marked at $35.67 billion but it made $37.15 billion for the quarter.
NASDAQ: MSFT has recently been the subject of a lot of reports by equities analysts. Some such as Jefferies Financial Group, Royal Bank of Canada, Fundamental Research, Morgan Stanley, Deutsche Bank and so on have posted reports on this firm over the last few months.
The recent consensus rating of Microsoft Co. stands at “Buy” and the consensus on the target price is $231.09. Several hedge funds have also been involved in buying and selling of NASDAQ: MSFT shares recently.