Microsoft Q3 2019 Earnings Preview

Microsoft is scheduled to release its earnings for Q3 of its fiscal year 2019 today. Wall Street Analysts have delivered consensus estimates of its EPS (earnings per share) at $1, representing a 5.3% YoY increase. As for its revenue, the consensus estimate of $29.86 billion.

While Microsoft’s estimated revenue fell 4% short in last quarter’s results leading to a $1.10 EPS, the firm has overperformed the 75% of the time over the last two years. It’s more likely than not that it will meet — if not exceed — consensus estimates.

Microsoft’s Q3 2019 results will be released later today after the markets close.

Via: Barrons, Seeking Alpha