Microsoft Reports Strong Earnings
EPS Up Over 100% Year-Over-Year
Revenue and Earnings Estimates Surpassed
Microsoft Corporation (MSFT) has reported strong earnings for the year, with diluted earnings per share (EPS) up by over 100% year-over-year. The company generated an impressive $11.55 in diluted EPS over the last year and currently has a price-to-earnings ratio of 35.25.
Microsoft's revenue also saw a significant increase, with the company recording $56.2 billion in sales and $2.69 in EPS in the year-ago period. The fiscal year numbers look even brighter, with analysts predicting even more growth in the coming year.
Analysts have been upgrading their estimates for Microsoft's earnings and revenue, with many predicting that the company will continue to perform well in the future. The company's strong financial performance and positive analyst outlook have made it a popular choice among investors.
Microsoft's strong earnings and positive analyst ratings are a testament to the company's continued success in the tech industry. The company's diverse portfolio of products and services, including its popular Windows operating system, Office suite, and Azure cloud platform, have helped it to remain competitive and profitable.
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