Diamond Member Pelican Press 0 Posted July 30, 2024 Diamond Member Share Posted July 30, 2024 This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up (MSFT) Q4 earnings report 2024 This is the hidden content, please Sign In or Sign Up CEO Satya Nadella speaks during the company’s Build developer conference in Seattle on May 21, 2024. Jason Redmond | AFP | Getty Images This is the hidden content, please Sign In or Sign Up is scheduled to report fiscal fourth-quarter earnings after U.S. market close on Tuesday. Here’s what analysts polled by LSEG are looking for: Earnings per share: $2.93Revenue: $64.39 billion This is the hidden content, please Sign In or Sign Up is expected to show revenue growth of about 15% from $56.2 billion a year earlier, following expansion of 17% in the prior quarter. This is the hidden content, please Sign In or Sign Up parent Alphabet reported last week that growth slowed in the quarter as This is the hidden content, please Sign In or Sign Up ad revenue came up short of expectations. This is the hidden content, please Sign In or Sign Up is likely to find its strongest growth in cloud computing. Analysts surveyed by CNBC and StreetAccount expect revenue growth of 30% from Azure and other cloud services, a slight decline from 31% in the previous quarter. This is the hidden content, please Sign In or Sign Up doesn’t disclose Azure revenue in dollars. Analysts at Evercore ISI, who have a buy rating on This is the hidden content, please Sign In or Sign Up shares, wrote in a note last week that they expect 7.8 points of Azure’s growth to come from artificial intelligence services, up from 7 points in the fiscal third quarter. An improvement in the PC market might provide some relief to the Windows operating system business, which contracted last year after a Covid-era computer buying spree. Technology industry researcher Gartner estimated that PC shipments grew 1.9% in the fiscal fourth quarter, up from 0.9% growth in the prior *******. During the fiscal fourth quarter, This is the hidden content, please Sign In or Sign Up started selling Surface PCs with AI features that can run certain models locally without the need for an internet connection. Dell, HP and other device makers also touted their own so-called Copilot+ PCs. CEO Satya Nadella said at a press briefing in May that “we’re bringing real joy and a sense of wonder back to creation on the PC.” This is the hidden content, please Sign In or Sign Up shares have gained about 14% year to date, slightly underperforming the S&P 500 index, which is up about 15%. Executives will discuss the results and issue guidance on a conference call with analysts starting at 5:30 p.m. ET. Don’t miss these insights from CNBC PRO This is the hidden content, please Sign In or Sign Up # This is the hidden content, please Sign In or Sign Up #MSFT #earnings #report This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/82245-microsoft-msft-q4-earnings-report-2024/ Share on other sites More sharing options...
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