Company News: Microsoft (MSFT) Q3 results beat analysts’ forecasts

Market news

21 October 2016

Company News: Microsoft (MSFT) Q3 results beat analysts’ forecasts

Microsoft reported Q3 FY 2016 earnings of $0.76 per share (versus $0.67 in Q3 FY 2015), beating analysts' consensus estimate of $0.68.

The company's quarterly revenues amounted to 22.334 bln (+3.1% y/y), beating analysts' consensus estimate of $21.695 bln.

MSFT rose to $60.56 (+5.78%) in pre-market trading.

Company News: General Electric (GE) Q3 results beat analysts’ forecasts

Canadian CPI expected to create some volatility after a quiet european session

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