Microsoft Corp. (MSFT) delivered knock-out fiscal second-quarter results, which easily beat analysts' estimates on both the top and bottom lines. The company trounced analysts' earnings estimates by more than 14% coming in at $1.51 per share. It is a bet that the stock price rises to $200 or more if holding the contracts until the expiration date. Meanwhile, revenue estimates have climbed by nearly 2% and are forecast to rise by almost 13.5% to $142.6 billion. MSFT earnings estimates YChartsBut that’s not all; analysts have also been boosting their full-year fiscal 2021 and 2022 earnings estimates.
Source: Forbes February 10, 2020 00:33 UTC