![]() Enterprises are optimizing their IT spending due to macro challenges, thus impacting Azure and other cloud providers.Ĭoming to Q4 FY23, analysts expect EPS to grow 14.3% to $2.55, driven by about a 7% rise in revenue to $55.5 billion and improved margins. However, revenue from Azure and other cloud services grew 27%, marking a slowdown compared to the 31% growth in the prior quarter. ![]() In Q3 FY23 (ended March 31, 2023), the company’s earnings per share (EPS) grew 10% year-over-year to $2.45, easily exceeding analysts’ consensus estimate of $2.22. Microsoft surpassed analysts’ earnings expectations in the first three quarters of Fiscal 2023. Expectations from MSFT’s Fiscal Q4 Results Wall Street seems bullish ahead of the upcoming results. ![]() Investors are also interested in hearing the management’s commentary on the Activision deal. Investors and analysts are eager to see how much the company is benefiting from the AI-related boom and the trend in Azure’s growth rate, which has been decelerating in recent quarters due to macro pressures. Tech giant Microsoft ( NASDAQ:MSFT) is scheduled to announce its fiscal fourth-quarter results on Tuesday, July 25, after market close.
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