Analysts expect that Microsoft Co. (NASDAQ:MSFT) will announce $0.96 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Eleven analysts have provided estimates for Microsoft’s earnings. The lowest EPS estimate is $0.93 and the highest is $0.99. Microsoft posted earnings per share of $0.84 in the same quarter last year, which indicates a positive year-over-year growth rate of 14.3%. The company is scheduled to announce its next quarterly earnings report on Thursday, October 25th.

According to Zacks, analysts expect that Microsoft will report full-year earnings of $4.25 per share for the current financial year, with EPS estimates ranging from $4.01 to $4.41. For the next financial year, analysts expect that the firm will report earnings of $4.76 per share, with EPS estimates ranging from $4.25 to $5.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Microsoft.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, July 19th. The software giant reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.05. The firm had revenue of $30.09 billion during the quarter, compared to analyst estimates of $29.23 billion. Microsoft had a net margin of 15.02% and a return on equity of 36.69%. Microsoft’s revenue was up 17.5% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS.

MSFT has been the subject of several research analyst reports. Goldman Sachs Group set a $103.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Friday, April 20th. Royal Bank of Canada reissued a “buy” rating and set a $105.00 price target on shares of Microsoft in a research report on Monday, April 23rd. Credit Suisse Group set a $115.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research report on Tuesday, April 24th. Zacks Investment Research raised shares of Microsoft from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th. Finally, JPMorgan Chase & Co. raised shares of Microsoft from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $94.00 to $110.00 in a research report on Friday, April 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $118.18.

In other news, Director Sandra E. Peterson acquired 5,400 shares of the company’s stock in a transaction dated Tuesday, June 5th. The shares were acquired at an average price of $101.96 per share, with a total value of $550,584.00. Following the purchase, the director now directly owns 5,400 shares of the company’s stock, valued at $550,584. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Satya Nadella sold 328,000 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $109.44, for a total transaction of $35,896,320.00. Following the sale, the chief executive officer now directly owns 778,596 shares in the company, valued at approximately $85,209,546.24. The disclosure for this sale can be found here. Insiders have sold a total of 442,880 shares of company stock worth $48,304,569 in the last ninety days. Corporate insiders own 1.49% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Andra AP fonden boosted its stake in Microsoft by 20.3% during the 2nd quarter. Andra AP fonden now owns 61,100 shares of the software giant’s stock worth $6,025,000 after purchasing an additional 10,300 shares during the last quarter. M Holdings Securities Inc. boosted its stake in Microsoft by 5.4% during the 2nd quarter. M Holdings Securities Inc. now owns 37,697 shares of the software giant’s stock worth $3,717,000 after purchasing an additional 1,933 shares during the last quarter. Global X Management Co LLC boosted its stake in Microsoft by 40.3% during the 2nd quarter. Global X Management Co LLC now owns 88,045 shares of the software giant’s stock worth $8,682,000 after purchasing an additional 25,281 shares during the last quarter. Carnegie Capital Asset Management LLC boosted its stake in Microsoft by 3.0% during the 2nd quarter. Carnegie Capital Asset Management LLC now owns 237,157 shares of the software giant’s stock worth $25,898,000 after purchasing an additional 6,796 shares during the last quarter. Finally, MAI Capital Management boosted its stake in Microsoft by 2.6% during the 2nd quarter. MAI Capital Management now owns 211,243 shares of the software giant’s stock worth $20,831,000 after purchasing an additional 5,424 shares during the last quarter. 72.34% of the stock is currently owned by institutional investors and hedge funds.

Shares of Microsoft stock traded down $0.06 during midday trading on Friday, hitting $107.58. The company had a trading volume of 18,053,700 shares, compared to its average volume of 29,290,594. The firm has a market capitalization of $839.28 billion, a P/E ratio of 27.73, a PEG ratio of 2.08 and a beta of 1.18. The company has a quick ratio of 2.86, a current ratio of 2.90 and a debt-to-equity ratio of 0.94. Microsoft has a 12-month low of $71.70 and a 12-month high of $111.15.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 13th. Stockholders of record on Thursday, August 16th will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, August 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.56%. Microsoft’s payout ratio is 43.30%.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates through Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments. The Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Earnings History and Estimates for Microsoft (NASDAQ:MSFT)

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