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0.0045886075949367 0.0126582278481012 0.0193037974683544 0.0224683544303798 0.0167721518987342 0.0261075949367089 0.0218354430379746 0.0193037974683544
Stock impact report

Microsoft set to report earnings as Wall Street looks for continued growth in cloud [CNBC]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: CNBC
Microsoft is slated to report second-quarter earnings as Wall Street looks for continued growth in Microsoft's key cloud segment . Analysts projected Microsoft to report earnings of 79 cents a share on $25.3 billion in revenue, according to Thomson Reuters consensus estimates. For the second quarter, analysts are expecting the company's cloud business to bring in about $6.73 billion in revenue, according to a StreetAccount consensus estimate. That figure comes in at the high end of the range Microsoft projected for the segment — $6.55 billion to $6.75 billion. Growth in cloud revenue is seen as a key indicator of Microsoft's progress as the company transitions away from legacy businesses. In October, the stock broke through its 1999 highs after the company said Azure, Microsoft's major cloud offering, saw revenue growth of 116 percent. Earlier Thursday, Microsoft shares hit a fresh all-time intraday high of $64.34, after no Show less Read more
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