MSFT stock fell 0.66% Wednesday to $35.93. The stock is down nearly 4% year to date.
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The Microsoft earnings call today will demand clarity on CEO Steve Ballmer’s recently released reorganization plan, and what it means for investors.
Microsoft Corp. (Nasdaq: MSFT) reports fourth-quarter earnings Thursday after the close, and expectations are for solid numbers and growth – at a time when a lot of analysts are down on the stock.
Despite a significant slump in the PC market, the Redmond, WA-based company is expected to post a small uptick in earnings and revenue.
Analysts are looking for the tech giant to report earnings of $0.75 per share on revenue of $20.7 billion, up from $0.73 on revenue of $18.06 billion a year ago. Full-year earnings are projected to come in at $2.74 per share on full-year revenue of $78.6 billion.
While modest, those Q4 gains will likely be warmly welcomed by Wall Street.