Tech Giants Report Shocking Earnings – Microsoft, Alphabet, Visa
Microsoft (NASDAQ: MSFT) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.23 by 9.87 percent. This is a 10.36 percent increase over earnings of $2.22 per share from last year. The company reported quarterly sales of $52.90 billion, beating the analyst consensus estimate of $51.02 billion by 3.68 percent. This is a 7.17 percent increase over sales of $49.36 billion last year. This strong performance suggests that the company’s growth is robust and its various segments are performing well. Investors may find Microsoft’s stock attractive given these positive results, which could increase stock price.
Alphabet (NASDAQ: GOOGL) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.06 by 10.38 percent. This is a 4.88 percent decrease over earnings of $1.23 per share from the same Alphabet (NASDAQ: GOOGL) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.06 by 10.38 percent. The decrease in earnings compared to the same period last year. This could raise concerns among investors about the company’s profitability and might negatively impact the stock price. The company reported quarterly sales of $69.79 billion which beat the analyst consensus estimate of $68.90 billion by 1.29 percent. This is a 2.61 percent increase over sales of $68.01 billion in the same period last year.
Visa (NYSE:V) reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $1.98 by 5.56 percent. This is a 16.76 percent increase over earnings of $1.79 per share from last year. The company reported quarterly sales of $7.99 billion which beat the analyst consensus estimate of $7.79 billion by 2.50 percent. This is a 11.07 percent increase over sales of $7.19 billion last year. This demonstrates the strength of Visa’s business model and its ability to generate revenue. As a result, Visa’s stock could benefit from these results, attracting more investors and driving the stock price higher.
- Stocks to Watch Out For After The News:
Companies in direct competition with Microsoft and Visa: Microsoft’s and Visa’s strong earnings reports could lead to a negative impact on their competitors’ stocks. For example, companies competing with Microsoft, such as Oracle (NYSE: ORCL) or Salesforce (NYSE: CRM), may see their stocks negatively impacted as investors may prefer Microsoft due to its strong performance. Similarly, companies in the payment processing space, such as Mastercard (NYSE: MA) or American Express (NYSE: AXP), may be negatively impacted as investors might lean towards Visa’s strong financial results.
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