5 Latest Earnings to Watch

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 258

Tech giant Microsoft Corporation (NASDAQ:MSFT) managed to meet financial expectations for its fiscal first quarter. However, its sales outlook for the current quarter missed estimates, sending its shares down nearly seven percent in mid-day trading Wednesday.

Microsoft Corporation (NASDAQ:MSFT) earned $2.35 per share during the September quarter, beating the consensus of $2.30 per share. Revenue for the quarter rose 11 percent versus last year to $50.12 billion, against the consensus of $49.61 billion.

Looking forward, Microsoft Corporation (NASDAQ:MSFT) expects revenue in the range of $52.35 – $53.35 billion for its fiscal second quarter, below analysts’ average estimate of $56.05 billion.

You can also take a peek at 12 Best Food Stocks To Buy Now and 13 Best Cybersecurity Stocks To Buy.

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