Microsoft investors are far from alone in closely watching what the software giant shares about its software and cloud services needs amid growing concerns about macro pressures.
Among analysts polled by FactSet, the consensus was for Microsoft to report June quarter (fiscal fourth quarter) revenue of $52.38 billion (up 13.5% year-over-year) and GAAP EPS of $2.29 (up 6 %) when it reports on Tuesday afternoon.
Microsoft typically provides quarterly sales guidance during its earnings call. For the September quarter, the company’s revenue consensus was at $51.44 billion (also up 13.5% year-over-year).
Eric Jhonsa, Real Money’s tech columnist, will be live-blogging Microsoft’s reports, which are expected after the close, along with an earnings call scheduled for 5:30 PM Eastern Time.
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3:59 PM ET: Microsoft shares fell 2.9% today, amid a 1.9% decline in the Nasdaq. In a clear sign of how anxious many investors are about Microsoft’s report, a number of cloud software stocks fell more than 5%.
3:56 PM ET: Microsoft stock was down 25% YTD heading into its report, roughly matching the Nasdaq’s 26% decline. In early June, the company lowered its June quarter guidance slightly due to forex swings (since then, the dollar has strengthened against various foreign currencies).
3:53 PM ET: Given the macro worries and some recent, cautious commentary from software firms such as ServiceNow, SAP and Qualtrics, Microsoft’s numbers and demand commentary will certainly be closely watched. Along with its sales/EPS numbers, the company’s commercial bookings/RPO numbers (commonly shared on its slide deck) are sure to get attention.
3:48 PM ET: The FactSet consensus is for Microsoft to report FQ4 revenue of $52.38B and both GAAP and non-GAAP EPS of $2.29.
For FQ1, the consensus was for Microsoft to guide its business segments to collectively post revenue of $51.44B.
3:46 PM ET: Hi, this is Eric Johnson. I will be live-blogging Microsoft’s earnings report and call.
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