Microsoft (MSFT) Q3 Earnings Report Preview: What To Look For

MSFT Cover Image

Technology giant Microsoft (NASDAQ: MSFT) will be announcing earnings results this Wednesday afternoon. Here’s what to look for.

Microsoft beat analysts’ revenue expectations by 3.5% last quarter, reporting revenues of $76.44 billion, up 18.1% year on year. It was an exceptional quarter for the company, with a solid beat of analysts’ revenue estimates and a narrow beat of analysts’ revenue estimates.

Is Microsoft a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Microsoft’s revenue to grow 15.1% year on year to $75.49 billion, in line with the 16% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.66 per share.

Microsoft Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Microsoft has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2% on average.

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