News Formal

Microsoft set to report earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

While a few parts of Microsoft's business will be challenged because of the pandemic, an accounting change will benefit Microsoft's gross margin this quarter.

Microsoft's gross margin will benefit from an accounting change related to depreciation of server equipment.

Satya Nadella, CEO of Microsoft, is pictured at Microsoft's annual shareholder meeting in Bellevue, Washington on November 30, 2016.will announce its fiscal first-quarter earnings after market close on Tuesday.$1.54 per share, adjusted, as expected by analysts, according to Refinitiv.That means analysts expect Microsoft's revenue to be up 8% on an annualized basis, down from 13% growth in.

This is the first quarter Microsoft will benefit from an accounting change that extended the useful life of its server equipment from three years to four years. That adjustment could lift Microsoft's gross margin while some parts of Microsoft, such as LinkedIn and search advertising, experience slowdowns -- in some cases because of the coronavirus pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This tech company about to report earnings still has 'ample upside,' longtime investor saysAdobe is veteran technology investor Paul Meeks's top pick heading into a busy week of earnings reports. I trade in binary options and all instruments in the market. Your capital is safe with us.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens MondayIt's a busy week ahead on Wall Street with about a third of the S&P 500 companies reporting earnings and the government releasing its first look at third-quarter GDP. Joe Kernen is biased. That is wrong. For Your Free Debt Consolidation Call Toll Free 855 993 0450 Mon. - Fri. 9:00am - 7:00pm EST, Saturday 10:00am - 2:00pm EST Have Statements Available
Source: CNBC - 🏆 12. / 72 Read more »

HSBC is set to report third-quarter earnings today. Here's what to expectThe bank is expected to release its financial report card for the July-to-September quarter at 12 p.m. HK/SIN.
Source: CNBC - 🏆 12. / 72 Read more »