Q1 earnings to be released after the close.
The Q1 earnings for Microsoft will be released after the close. The consensus estimate is for earnings-per-share of $1.24. That is and 8.8% year on year increase when earnings came in at $1.14.
Revenues are expected to come in at $32.24 billion, a 10.8% year on year gain when revenues came in at $29.08B.
Productivity and business processes segment is expected to contribute $10.88 billion. The Intelligent Cloud segment which include Azure and server sales is expected to report revenues of $10.42B.
Microsoft stock is up some 34% in 2019 versus an S&P gain of 19.5%. It has a market capitalization over $1 trillion at $1.049 trillion.
Shares of a Microsoft are currently trading at $136.99. That is up $0.62 on the day or 0.46%. The all time high is up at $142.37 reached on September 9. Him him the current price is trading between its 50 day moving and 100 day moving averages at $137.61 and $136.67 respectfully. A lower trendline currently comes in around the $134 level.
