Microsoft to report earnings as slowing PC sales curb growth

Microsoft (MSFT) will report its fiscal Q1 earnings after the closing bell on Tuesday, providing investors and analysts with a look at whether the company’s high-flying cloud computing business can offset an expected drop in PC sales.

Here’s what analysts are expecting from the tech giant for the quarter compared to how it performed in the same period last year.

Revenue: $49.6 billion expected versus $45.3 billion last year.

Adj. EPS: $2.31 expected versus $2.27 last year.

Productivity and Business Processes: $16.1 billion in expected versus $15 billion last year.

Intelligent Cloud: $20.3 billion expected versus $17 billion last year.

More Personal Computing: $13.1 billion expected versus $13.3 billion last year.

Microsoft’s Intelligent Cloud business, which includes its Azure cloud computing platform, has been one of the cornerstones of the company’s growth over the past few years. In Q4, Microsoft’s cloud division made up $20.9 billion of the company’s $51.9 billion in total…

Continue Reading →

This article was written by and originally published on finance.yahoo.com