Microsoft Corp expected to post earnings of $2.82 a share - Earnings Preview

* Microsoft Corp is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024

* The Redmond Washington-based company is expected to report a 15.0% increase in revenue to $60.804 billion from $52.86 billion a year ago, according to the mean estimate from 34 analysts, based on LSEG data. (SAL is based on Total Revenue)

* ​LSEG's mean analyst estimate for Microsoft Corp is for earnings of $2.82 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 55 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 0.1% in the last three months. ​

* Wall Street's median 12-month price target for Microsoft Corp is $465.00​, above​ its last closing price of $400.96. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 2.78 2.78 2.93 Beat 5.3

Sep. 30 2023 2.66 2.65 2.99 Beat 12.7

Jun. 30 2023 2.55 2.55 2.69 Beat 5.5​

Mar. 31 2023 2.24 2.23 2.45 Beat 9.8

​​Dec. 2.28 2.29 2.32 Beat 1.1

31 2022

Sep. 30 2022 2.30 2.30 2.35 Beat 2.1​

Jun. 30 2022 2.29 2.29 2.23 Missed -2.7

Mar. 31 2022 2.20 2.19 2.22 Beat 1.6

This summary was machine generated April 23 at 22:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)