Microsoft is expected to report strong Q4 earnings driven by cloud computing growth

From CNBC: 2024-07-30 12:00:01

Microsoft is set to report fiscal fourth-quarter earnings after the market closes, with analysts expecting earnings per share of $2.93 and revenue of $64.39 billion. Revenue growth is projected to be around 15%, with the strongest growth coming from cloud computing services like Azure. The company also launched Surface PCs with new AI features during the quarter. Shares have gained 14% year to date, slightly underperforming the S&P 500.



Read more at CNBC:: Microsoft (MSFT) Q4 earnings report 2024