TradingKey – Microsoft (NASDAQ: MSFT) heads into next week’s earnings after getting caught in Thursday’s AI and chip selloff, when it fell 2.23% to $521.08 on October 22. The stock is about 6% below its 52-week high of $553.72 but still about 33% above its July 29 close of $390.54.
Microsoft reports fiscal first-quarter results after the close next Wednesday, October 28, with the call at 5:30 p.m. ET. It reports a week after Meta’s numbers revived fears about AI spending, so the question is less about demand and more about who pays for the buildout.
What the Street Expects
Analysts expect EPS of about $4.71, up 14% from $4.13 a year earlier, on revenue of about $90.62 billion, up from $77.67 billion. Microsoft has beaten EPS estimates…
