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Microsoft to announce Q1 2020 earnings

Microsoft is expected to announce its Q1 2020 earnings report on Wednesday, and it's all about the cloud. Read More...

Microsoft CEO Satya Nadella. (AP Photo/Ted S. Warren, File)
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Microsoft (MSFT) is set to report its Q1 2020 earnings on Wednesday, and all of the focus will be on the company’s cloud computing sector.” data-reactid=”22″>Microsoft (MSFT) is set to report its Q1 2020 earnings on Wednesday, and all of the focus will be on the company’s cloud computing sector.

Here’s what analysts are expecting based on consensus estimates from Bloomberg:

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Revenue: $32.2 billion expected versus $29.1 billion year-over-year” data-reactid=”24″>Revenue: $32.2 billion expected versus $29.1 billion year-over-year

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Adjusted earnings per share: $1.24 expected versus $1.14 year-over-year” data-reactid=”25″>Adjusted earnings per share: $1.24 expected versus $1.14 year-over-year

Microsoft has seen incredible growth in the last few years due in large part to its investments in its Azure cloud services. In Q4 2019, the company’s intelligent cloud unit raked in $11.4 billion, a 19% increase year over year. The company’s commercial cloud products, meanwhile, earned $11 billion, also a 14% increase.

It wasn’t just the cloud that helped the company, though. Microsoft’s consumer goods division also pulled in $11.3 billion with its Windows OEM revenue, up 9% and its Surface line up 14%.

But investors are most interested in Azure and the continued growth opportunities it has to offer. It’s why Microsoft’s market cap is more than $1 trillion. If Microsoft wants to stay on track, it’ll need to make sure its cloud business is poised for continued expansion.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Got a tip? Email Daniel Howley at [email protected], and follow him on Twitter at @DanielHowley.” data-reactid=”35″>Got a tip? Email Daniel Howley at [email protected], and follow him on Twitter at @DanielHowley.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn,YouTube, and reddit.” data-reactid=”36″>Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn,YouTube, and reddit.

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