Analysts anticipate cloud strength, offset by a softening economy. The software giant releases June quarter results after the close of trading Tuesday. Read More...
TheStreet.com
I’m Not Buying Microsoft Ahead of Earnings, But I’m Pondering an Options Play
The stock, like most of its mega-cap siblings, has not had a good nine months or so. Under the leadership of Satya Nadella, Microsoft has been better run than it ever has been before, regularly beating expectations and growing both sales and operating income across its three main business segments, namely Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. For Microsoft’s fiscal fourth (June) quarter, consensus view is for earnings per share of $2.30 within a range spanning from $2.25 to $2.35.
