Microsoft Corp. (NASDAQ: MSFT) is scheduled to be posting its Q4 2013 quarterly earnings results after the market closes on Thursday, July 18th.
Microsoft Corp. (NASDAQ: MSFT) last posted its quarterly earnings results on Thursday, April 18th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. The company had revenue of $20.49 billion for the quarter, compared to the consensus estimate of $20.56 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was up 17.7% on a year-over-year basis. On average, analysts expect Microsoft Corp. to post $2.75 EPS for the current fiscal year and $3.06 EPS for the next fiscal year.
Shares of Microsoft Corp. (NASDAQ: MSFT) opened at 36.27 on Wednesday. Microsoft Corp. has a one year low of $26.26 and a one year high of $36.43. The stock’s 50-day moving average is currently $34.7. The company has a market cap of $302.9 billion and a P/E ratio of 18.72.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 12th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Tuesday, August 13th.
MSFT has been the subject of a number of recent research reports. Analysts at Raymond James raised their price target on shares of Microsoft Corp. from $34.00 to $39.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. On a related note, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Microsoft Corp. in a research note to investors on Thursday, July 11th. They now have a $35.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Microsoft Corp. in a research note to investors on Thursday, July 11th.
Two research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $35.10.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.