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Microsoft is set to report financial results for its fiscal third quarter after the market close on Thursday. The company is expected to report earnings of $2.82 per share and revenue of $60.804 billion, according to estimates from Benzinga Pro.
Microsoft Inc. scheduled to report earnings after Thursday’s close. Here's a closer look at what Wall Street expects from Microsoft
Microsoft beat Wall Street estimates for third-quarter revenue on Thursday, driven by gains from AI adoption across its cloud services and business software products.
Microsoft just shared its earnings report for the quarter that ended March 31, 2024. Figures increased across the board and Microsoft beat expectations in several key areas.
Microsoft's third-quarter revenue increased 17% year over year to $61.9 billion, which beat the consensus estimate of $60.804 billion, according to Benzinga Pro. The tech giant reported quarterly earnings of $2.94 per share, which beat analyst estimates of $2.82 per share.