Scalper1 News
With the honeymoon over for Microsoft (MSFT) CEO Satya Nadella, investors are interested to see what kind of house he builds at the storied software company. Wall Street will get a progress report after the close Thursday when Microsoft discloses fiscal third-quarter earnings. For the March quarter, analysts polled by Thomson Reuters expect Microsoft to earn 51 cents a share, down 25% year over year, on sales of $21.08 billion, up 3%. It would be the second straight quarter of declining earnings per share and single-digit sales growth. For the June quarter, Wall Street is modeling EPS of 60 cents, up 9%, on sales of $22.69 billion, down 3%. Scalper1 News
Scalper1 News