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

Market news

28 October 2020

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

Microsoft (MSFT) reported Q1 FY 2021 earnings of $1.82 per share (versus $1.38 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.36 per share.

The company’s quarterly revenues amounted to $37.154 bln (+12.4% y/y), beating analysts’ consensus estimate of $35.781 bln.

MSFT fell to $209.06 (-1.96%) in pre-market trading.

U.S. weekly mortgage applications climb 1.7 percent

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