To The Moon

Click to vote. Can you predict where $Microsoft(MSFT)$ will move following their earnings? If you get the right answers, you can get 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.

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$Microsoft(MSFT)$ is scheduled to announce Q2 in 2023 fiscial year earnings results after the market closes on next Tuesday, January 24 2023 (PT). Lets's guess where Microsoft will move following their earnings?

$Microsoft(MSFT)$ 's Q2 2023 earnings call will be held on January 14 2023 at approximately at 2:30 p.m. Pacific Time. To set a reminder, please click here

Microsoft said on Wednesday (18th) that it plans to lay off 10,000 employees by the end of March in an effort to align its cost structure with revenue and customer demand. Microsoft expects to incur $1.2 billion in costs related to severance payments, hardware mix changes and lease consolidation in the second quarter of 2023 fiscal year. The charge will have a $0.12 negative impact on earnings per share.

🔙 Latest Results

Microsoft's revenue in the first quarter of fiscal year 2023 was US$50.1 billion, an increase of 11% YoY, exceeding Bloomberg's consensus estimate of US$49.56 billion. The growth is mainly driven by the cloud business. Cloud-related revenue reached US$25.7 billion, an increase of 24% YoY. Although the growth rate has slowed down, it still remains relatively resilient, accounting for more than 50% for the first time; other personal computing that is more closely related to consumption The business is greatly affected by the macroeconomic downturn, dragging down the overall performance. Operating profit was US$21.5 billion, an increase of 6% YoY, higher than Bloomberg consensus forecast of US$21.3 billion, operating profit margin was 43%, and adjusted net profit was US$17.6 billion.

📒Microsoft‘s Q4 earnings consensus

According to Bloomberg's consensus forecast, $Microsoft(MSFT)$ 's revenue in the second quarter of 2023 fiscal year will be US$52.94 billion, its adjusted net profit will be US$17.22 billion, and its adjusted EPS will be US$2.3. A total of 57 analysts rated $Microsoft(MSFT)$, of which 52 gave a buy rating, 4 gave a hold rating, and 1 gave a sell rating, with an average target price of $288.63.

​💡Analyst Opinions

Bloomberg analyst Anurag Rana expects that Microsoft's Q2 results and subsequent Q3 earnings guidance may reflect continued pressure on Windows and its cloud products. Windows will slow more in the personal computer segment, with sales likely to be lower than last year due to weaker PC sales.

Additionally, cloud growth will taper off across most of the company's offerings, from Azure to Dynamics 365. The consensus for constant currency expansion for Azure in the fiscal third quarter was 34.6%, compared to 49% last year.

LinkedIn and search revenue could decelerate due to new hires and pressure on advertising budgets. 3Q operating margin guidance could imply a contraction of 100 to 150 basis points due to slower revenue, revenue mix changes and higher energy costs.​

💰Activity Details

• Click to vote. Guess where $Microsoft(MSFT)$ will move following their earnings? If you get correct answers, you can get 10 Tiger Coins.
• Reply and forward this post, share your insights about Netflix's financial reports, we will give 100 Tiger Coins with outstanding comments.

⏰Event Time

The deadline for this event is 23:00 on January 24 2023

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