'We reiterate our Buy rating,' Deutsche Bank analyst Brad Zelnick said in a report to clients Wednesday morning, citing 'results that overachieved on just about every possible measure.' Zelnick raised his price target from $380 to $395, adding that 'operating discipline' and 'a full-stack approach to delivering AI solutions' was just as, if not more impressive, than Microsoft's revenue beat. Microsoft reported revenue of $56.52 billion for the quarter, compared to a consensus estimate of $54.50 billion.Īnalysts heralded strong revenue growth and 'consistent' execution.
The company also beat revenue consensus among analysts surveyed by LSEG, formerly known as Refinitiv. The company reported on Tuesday earnings per share of $2.99, beating an LSEG consensus estimate of $2.65. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
