Microsoft Beats, but Modestly
April 28, 2011 at 16:37 PM EDT
Microsoft Corp. (MSFT) reported fiscal 3rd quarter earnings after the closing bell today. On the headline things look pretty good — EPS of 61 cents per share topped the Zacks Consensus Estimate of 56 cents, and revenues of $16.43 billion beat the $16.19 billion expected. However, the earnings beat is tied to a tax benefit [...]
