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Friday, June 18, 2021

MSFT Will Be Putting Up A Sales Sum Of $44.07 Billion For The Quarter

Quite a few brokerage firms have already announced that the stocks of MSFT would be announcing a sales sum of $44.07 billion for this quarter. According to a report, eleven investment analysts have already created estimates into the earnings estimate of the company, with the highest coming in at $44.64 billion, and the lowest coming in at $43.63 billion. The sales sum reported by the company the previous year was $38.03 billion, which indicates an annual growth rate of 15.9%. The company will be producing its next quarterly report on the 28th of July. 

The Quarterly Estimates of MSFT

MSFT previously updated its quarterly report on the 27th of April. The company had reported an EPS of$1.95 for the quarter, which was more than the consensus estimate of $1.76. The revenue generated by the company during this period was $41.71 billion, which was more than the consensus estimate of $40.83 billion. The return on equity for the company during this period was 40.74%, with the net margin set at 32.28%.

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There have been quite a few research equities that have commented on the stocks of MSFT. Exane BNP Paribas has already put up a rating of outperform with a price target of $330 in a 22nd April research report. UBS Group has also increased the price target of the company to $300 with a price rating of buy in a 28th April research report. Wedbush has also increased the price target of the company to $310 in a 28th April research report. Raymond James has also increased the price target to $290 with a rating of strong buy in a 4th May research report. 

Two of the investment analysts have already given the company a rating of hold, while thirty-one others have given the company a rating of buy. Currently, MSFT has a buy rating with a $287.24 price target.

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