Microsoft Corp (NASDAQ:MSFT) shares are trading higher by 1.32% to $349.68 Tuesday afternoon. Traders and investors are watching for the company’s fourth-quarter earnings report, confirmed for Tuesday after the market close. According to analyst consensus estimates, MSFT is expected to report revenue of $55.47 billion on EPS of $2.55.
In the fourth quarter of the last fiscal year, Microsoft recorded earnings per share of $2.23, which increased to $2.45 in the most recent third quarter.
Microsoft’s revenue amounted to $51.87 billion in the fourth quarter of the previous fiscal year, and in the most recently reported third quarter, revenue reached $52.86 billion.
The company sees fourth-quarter revenue coming in a range of $54.85 billion to $55.85 billion, according to its third-quarter earnings report….Read More
According to data from Benzinga Pro, MSFT has a 52-week high of $366.78 and a 52-week low of $213.43.
