Analysts are definitely split on where Microsoft Stock might be heading next. They report earnings on July 20 which are expected to show an increase of just 2.8% or 2 cents a share to reach 71 cents a share. Revenue is expected to be $24.3 billion which is up $1.7 billion from last year for the same quarter. So why are the earnings just 2 cents? That’s what has a lot of analysts puzzled.
When combined with the news of layoffs possible as the company focuses on their cloud services, analysts are definitely split with just 10 out of 40 analysts recently surveyed, calling the stock a strong buy. The remaining analysts are primarily hold with a handful signaling sell.
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Two Trades As Analysts are Split On Microsoft Stock Outlook – July 5 2017
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