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Microsoft Q4 earnings to test $87.42B revenue forecast on July 29
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Microsoft shares rose ahead of its fiscal Q4 earnings release on July 29, with revenue expected to hit $87.42 billion and earnings at $4.21 per share.
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Microsoft Q4 earnings to test $87.42B revenue forecast on July 29
Microsoft’s stock edged higher ahead of its fiscal Q4 earnings announcement scheduled for after market close on July 29. Consensus estimates project revenue of $87.42 billion, a 14.4% increase year-on-year, and earnings of $4.21 per share, reflecting a 15.3% growth from the previous year. The company’s performance will be closely watched as investors balance tech sector optimism against macroeconomic risks, including elevated oil prices and potential Federal Reserve rate hikes. Microsoft’s cloud and AI segments are expected to remain key growth drivers.
Microsoft, Meta, and Amazon Earnings to Test S&P 500
The earnings of Microsoft, Meta, and Amazon are expected to test the S&P 500, as investors watch AI spending, capex guidance, and fears of slowing returns. The US stock market has become heavily dependent on artificial intelligence companies. Investing in the S&P 500 today is increasingly like investing in AI because of the influence of these companies on the index. The earnings of these companies will be closely watched to see if they can maintain their growth and if their AI spending is slowing down.
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