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Microsoft (MSFT) Q4 earnings report 2024 [Video]

Microsoft is scheduled to report fiscal fourth-quarter earnings after U.S. market close on Tuesday.

Here’s what analysts polled by LSEG are looking for:

  • Earnings per share: $2.93
  • Revenue: $64.39 billion

Microsoft is expected to show revenue growth of about 15% from $56.2 billion a year earlier, following expansion of 17% in the prior quarter. Google parent Alphabet reported last week that growth slowed in the quarter as YouTube ad revenue came up short of expectations.

Microsoft is likely to find its strongest growth in cloud computing. Analysts surveyed by CNBC and StreetAccount expect revenue growth of 30% from Azure and other cloud services, a slight decline from 31% in the previous quarter. Microsoft doesn’t disclose Azure revenue in dollars.

Analysts at Evercore ISI, who have a buy rating on Microsoft shares, wrote in a note last week that they expect 7.8 points of Azure’s growth to come from artificial intelligence services, up from 7 points in the fiscal third quarter.

An improvement …

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Brand Awareness

How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.