Reported about 1 month ago
Ahead of its first quarter earnings report, analysts have updated their ratings and price targets for Microsoft, whose stock has underperformed recently, rising only 5% since late April compared to an 18.3% rise in the Nasdaq. Despite strong Azure revenue growth, Microsoft's performance has been hindered by underwhelming results and increasing capital expenditures. Analysts project earnings of $3.06 per share and revenues of $64.5 billion for the quarter, with expectations for improved performance in the second half of the fiscal year.
Source: YAHOO