Microsoft Earnings Preview: Slight Miss Expected

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Microsoft Earnings Preview: Slight Miss Expected
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Microsoft is scheduled to release its next earnings report on Jan. 26, and analysts are starting to release their updated estimates. The general consensus on Wall Street suggests earnings per share of 71 cents on revenue of $26.3 billion for the second fiscal quarter of 2015.

No major surprises expected from Microsoft

In a report dated Jan. 21, RBC Capital Markets analysts Ross MacMillan and Matthew Hedberg said they’re a bit behind consensus estimates, but they remain positive on the technology giant. They maintained their Outperform rating and $53 per share price target ahead of next week’s earnings report.

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