On Tuesday 30th July 2024, investors and market participants can expect the release of Microsoft (NASDAQ: MSFT) fourth quarter financial results. This crucial announcement will be made after market close.
Wall Street financial analysts are foreseeing that the company is likely to announce an estimated per share $2.93 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $64.39 billion during the quarter.
In the corresponding quarter of the previous year, the company’s earnings report revealed a per-share income of $2.69. This significant amount was attributed to the company’s remarkable total revenue of $56189 million generated during that specific period.
The company’s full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $244.94 billion. Further, they expect the earnings per share to achieve profit of $11.8 for the fiscal year.
| Period | EPS Actual |
EPS YoY Growth |
Revenue Actual |
Revenue YoY Growth |
|---|---|---|---|---|
| Q3 2024 | $2.94 | +20% | 61.86 B | +17% |
| Q2 2024 | $2.93 | +26.3% | 62.02 B | +17.6% |
| Q1 2024 | $2.99 | +27.2% | 56.52 B | +12.8% |
| Q4 2023 | $2.69 | +20.6% | 56.19 B | +8.3% |
Microsoft (NASDAQ: MSFT) exhibited a 0.05 percent rise during the regular trading session on Tuesday 30th July 2024, arriving at $426.96, together with a trading volume of 1.20 million shares. Microsoft oscillating between $425.91 and $428.01 so far, subsequent to previous day close of $426.73.
