Microsoft Corporation (MSFT) to Release Third Quarter Figures

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What is happening with msft

Microsoft Corporation (MSFT) is expected to release third quarter numbers after market close on October 26. Analysts are forecasting earnings of $ 0.22 per share for the quarter. During the same period last year, the company earned $ 0.24 and the stock is up 39.0% on the year.

Technical analysis

MSFT recently traded at $ 309.16, down $ 1.93 from its 12-month high and $ 109.54 above its 12-month low. InvestorsObserver gives MSFT a long-term technical score of 87 and a short-term technical score of 81. The stock has recent support above $ 292.88 and recent resistance below $ 310.75. Of the 19 analysts who cover the stock, 19 rate it a strong buy, 0 rate it a buy, 0 rate it in custody, 0 rate it a sell and 0 rate it a strong sell, MSFT obtains a Overall InvestorsObserver score of 68.

Analysts’ thoughts

MSFT has posted annual profit growth of 18.17% over the past five years, and analysts expect the company to grow profits by 15.50% annually over the next five years. In the last quarter, the company posted worse than expected EPS and this quarter the rue expects EPS of $ 0.22. MSFT is currently trading at $ 309.16 with an average price target of $ 337.04.

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