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

Market news

27 January 2021

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

Microsoft (MSFT) reported Q2 FY 2021 earnings of $2.03 per share (versus $1.51 per share in Q2 FY 2020), beating analysts’ consensus estimate of $1.41 per share.

The company’s quarterly revenues amounted to $43.076 bln (+16.7% y/y), beating analysts’ consensus estimate of $40.234 bln.

The company also said the total revenue of its three core segments is expected to amount to $40.35-41.25 bln in Q3 FY 2021 versus analysts’ consensus estimate of $38.74 bln.

MSFT rose to $239.69 (+3.17%) in pre-market trading.

USD: From the reflation trade in 2020 to the inflation trade in 2021 - Credit Agricole

Fed's Powell will try to keep tapering speculation muted - ING

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.