Microsoft Corporation (MSFT) to Release Third Quarter Figures


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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