Microsoft (MSFT) is set to report its Q3 (Mar) results today after the close.
The CapitalIQ consensus estimate for non-GAAP EPS being flat year-over-year at $2.23, and for revenue to grow 3.4% year-over-year to $51.01 billion.
Keys:
In early February, MSFT launched an all-new, AI-powered Bing search engine and Edge browser, which may be discussed during the call.
Azure is probably the most closely watched segment, with its growth rate declining in recent quarters, causing some concern.
MSFT was cautious on the DecQ call due to customers exercising caution given the macro uncertainty, and weaker-than-expected results in the US.
Overall, some caution may be warranted ahead of tonight's report, as the stock has pulled back over the past week.
TECHS:
MSFT stalled again at that 292 level.
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