{"id":1454236,"date":"2024-01-30T21:15:05","date_gmt":"2024-01-31T02:15:05","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1454236"},"modified":"2024-01-30T21:15:05","modified_gmt":"2024-01-31T02:15:05","slug":"msft-shares-unimpresssed-by-big-top-bottom-line-beat","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/msft-shares-unimpresssed-by-big-top-bottom-line-beat\/1454236\/","title":{"rendered":"MSFT Shares Unimpresssed By Big Top- & Bottom-Line Beat"},"content":{"rendered":"

MSFT Shares Unimpresssed By Big Top- & Bottom-Line Beat<\/span><\/p>\n

\n

With Microsoft standing alone above the $3 trillion market-cap level (after AAPL’s recent weakness), all eyes are on tonight’s earnings for any signs of an inflection in the AI-exuberance.<\/p>\n

<\/a><\/p>\n

Source: Bloomberg<\/em><\/p>\n

And sure enough, at the headline level at least, it’s all-good with MSFT beating top- and bottom-line (by a big margin)<\/strong>…<\/p>\n

Revenue $62.02 billion, +18% y\/y, estimate $61.14 billion<\/p>\n

EPS $2.93 vs. $2.20 y\/y, estimate $2.78<\/p>\n

Under the hood, all segments beat expectations:<\/strong><\/p>\n

More Personal Computing revenue $16.89 billion, estimate $16.8 billion<\/p>\n

Productivity and Business Processes revenue $19.25 billion, estimate $19.03 billion<\/p>\n

…with the heavily AI-exposed intelligent cloud unit once again the highlight:<\/strong><\/p>\n

Microsoft Cloud revenue $33.7 billion, estimate $32.21 billion<\/p>\n

Intelligent Cloud revenue $25.88 billion, estimate $25.29 billion<\/p>\n

<\/a><\/p>\n

Satya seems pleased, and so he should with operating income up 33% YoY<\/strong> at $27.03 billion:<\/p>\n

“We\u2019ve moved from talking about AI to applying AI at scale,” <\/strong>said Satya Nadella, chairman and chief executive officer of Microsoft. <\/em><\/p>\n

“By infusing AI across every layer of our tech stack, we\u2019re winning new customers and helping drive new benefits and productivity gains across every sector.\u201d<\/em><\/p>\n

But, MSFT shares dumped initially than rebounded back to unchanged from the close (down on the day)…<\/p>\n

<\/a><\/p>\n

…is it all priced in?<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nTue, 01\/30\/2024 – 16:15<\/span><\/p>\n

\u200bRead More<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

MSFT Shares Unimpresssed By Big Top- & Bottom-Line Beat With Microsoft standing alone above the $3 trillion market-cap level (after AAPL’s recent weakness), all eyes…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1454236","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1454236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1454236"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1454236\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1454236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1454236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1454236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}