Microsoft set to report earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Analysts think Microsoft's Azure cloud growth slowed in the fiscal fourth quarter. But Windows revenue could benefit from better-than-expected PC sales.

Heading into earnings, analysts at Bank of America Merrill Lynch, KeyBanc Capital Markets and Stifel signaled they were expecting annualized Azure growth to fall to about 68%, which would be the lowest level in at least four years. The moderating Azure growth is more about the law of large numbers than falling demand, Stifel analysts led by Brad Reback, who rate Microsoft as a buy, wrote in a note distributed to clients on Sunday.

"Our partner conversations this quarter continued to emphasize Azure's momentum, which are enabling the company to significantly outpace the overall market's growth as they see Azure contract commitments seeing significant uplift in terms of contract value and duration," Goldman Sachs analysts led by Heather Bellini, who have a buy rating on Microsoft stock, wrote in a Thursday note.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Netflix is set to report earnings after the bellThe report is a chance for Netflix to prove how it plans to compete against legacy media companies that are now expanding into streaming. Up or down?
Källa: CNBC - 🏆 12. / 72 Läs mer »

Morgan Stanley is set to report second-quarter earnings – here's what the Street expectsUnder CEO James Gorman, Morgan Stanley has emphasized its wealth management division, a far steadier business than its trading operations. Do earnings reports matter any more on Wall Street ? I say 50/50
Källa: CNBC - 🏆 12. / 72 Läs mer »

Bank of America is set to report second-quarter earnings — here's what the Street expectsAnalysts and investors are keen to find out how looming interest rate cuts will impact the second biggest U.S. lender by assets.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Earnings Watch: Why Microsoft is suddenly the most valuable company in Big TechIt was just a year ago that the debate about trillion-dollar market caps focused on Apple Inc. and Amazon.com Inc., but Microsoft has held that title to... Microsoft is only good at one product. If they aren't involved with China Love the art! Good job!
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Trader hedges bet against Microsoft into earnings—here's howMicrosoft gets a bearish bet ahead of its Thursday earnings report, and it could be a smart way to play the stock, experts say.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stocks set to decline for third straight session as earnings remain in focusU.S. stocks were on track for a third straight decline on Thursday as investors monitored corporate earnings and trade developments. The S&P 500 fell...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »