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Insights Into Microsoft (MSFT) Q3: Wall Street Projections for Key Metrics

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The upcoming report from Microsoft (MSFT - Free Report) is expected to reveal quarterly earnings of $4.07 per share, indicating an increase of 17.6% compared to the year-ago period. Analysts forecast revenues of $81.4 billion, representing an increase of 16.2% year over year.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

With that in mind, let's delve into the average projections of some Microsoft metrics that are commonly tracked and projected by analysts on Wall Street.

Analysts forecast 'Revenue- Intelligent Cloud' to reach $34.27 billion. The estimate suggests a change of +28.1% year over year.

The combined assessment of analysts suggests that 'Revenue- Productivity and Business Processes' will likely reach $34.49 billion. The estimate points to a change of +15.2% from the year-ago quarter.

It is projected by analysts that the 'Revenue- More Personal Computing' will reach $12.59 billion. The estimate points to a change of -5.8% from the year-ago quarter.

Based on the collective assessment of analysts, 'Revenue by product and service offerings- Dynamics products and cloud services' should arrive at $2.27 billion. The estimate suggests a change of +17.5% year over year.

The collective assessment of analysts points to an estimated 'Revenue by product and service offerings- Linkedin Revenue' of $4.81 billion. The estimate indicates a year-over-year change of +11.6%.

Analysts' assessment points toward 'Percentage Change Y/Y (GAAP)- Productivity and Business Processes' reaching 15.2%. Compared to the present estimate, the company reported 10.0% in the same quarter last year.

Analysts expect 'Percentage Change Y/Y (GAAP)- Intelligent Cloud' to come in at 28.1%. Compared to the current estimate, the company reported 21.0% in the same quarter of the previous year.

The consensus estimate for 'Percentage Change Y/Y (GAAP)- More Personal Computing' stands at -5.8%. Compared to the present estimate, the company reported 6.0% in the same quarter last year.

According to the collective judgment of analysts, 'Percentage Change Y/Y (GAAP)- Revenue' should come in at 16.1%. The estimate compares to the year-ago value of 13.0%.

The consensus among analysts is that 'Long-term unearned revenue' will reach $3.98 billion. The estimate is in contrast to the year-ago figure of $2.84 billion.

The average prediction of analysts places 'Short-term unearned revenue' at $50.50 billion. The estimate is in contrast to the year-ago figure of $44.64 billion.

Analysts predict that the 'Operating Income- Productivity and Business Processes' will reach $20.04 billion. The estimate is in contrast to the year-ago figure of $17.38 billion.

View all Key Company Metrics for Microsoft here>>>

Microsoft shares have witnessed a change of +13.6% in the past month, in contrast to the Zacks S&P 500 composite's +8.1% move. With a Zacks Rank #3 (Hold), MSFT is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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