Microsoft (MSFT) stock beats S&P 500, expected to report higher EPS on July 30.

From Nasdaq: 2024-07-22 17:45:22

Microsoft (MSFT) stock closed at $442.94, up 1.33%, beating S&P 500. Over the last month, it decreased by 2.82%, outperforming the tech sector. Analysts expect an EPS of $2.90 on July 30, up 7.81%. With a Zacks Rank #3 (Hold), MSFT’s Forward P/E ratio is 33.2. Industry average PEG ratio stands at 2.44.

Investors should watch for Microsoft’s upcoming earnings report on July 30, expecting EPS of $2.90 and revenue of $64.16 billion. Analysts’ estimate revisions impact stock prices. Microsoft is currently a Zacks Rank #3 (Hold) stock. Keep an eye on Zacks.com for key stock metrics.

MSFT has a PEG ratio of 2.07, trading at a premium to its industry average. The Computer – Software industry holds a Zacks Industry Rank of 157. The top 50% ranked industries outperform the bottom half by 2 to 1. Stay updated on industry trends with Zacks.com.

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