Company News: Microsoft (MSFT) quarterly results beat analysts’ expectations

Market news

21 July 2017

Company News: Microsoft (MSFT) quarterly results beat analysts’ expectations

Microsoft (MSFT) reported Q2 FY 2017 earnings of $0.75 per share (versus $0.69 in Q2 FY 2016), beating analysts' consensus estimate of $0.71.

The company's quarterly revenues amounted to $24.700 bln (+9.1% y/y), beating analysts' consensus estimate of $24.294 bln.

MSFT fell to $73.86 (-0.48%) in pre-market trading.

Canadian retail sales increased for the third consecutive month, rising 0.6% to $48.9 billion in May

Canadian CPI down 0.1% in June, as expected

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