Follow us:

Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

October 20, 2011 at 6:45 AM

Microsoft reports first quarter earnings today

Microsoft this afternoon will be reporting financial results for its first quarter ended September 30.

The company will be posting its earnings results on its investor relations page shortly after 1 p.m. We’ll be posting a summary of the results on this blog and at seattletimes.com, and will update throughout the afternoon.

Analysts are expecting Microsoft to report earnings per share of 68 cents, according to the average estimate of analysts surveyed by Zacks Investment Research. That would be up 9.7 percent from 62 cents per share the same quarter last year.

Thomson Reuters is estimating Microsoft will bring in $17.25 billion in sales. That would be up 6.5 percent from $16.2 billion in sales for first quarter last year.

Forbes reports 66.7 percent of analysts rate Microsoft as a “buy,” noting that that’s still below the average analyst rating of its nearest 10 competitors, which average about 67.1 percent buys.

The stock price has been hovering around $27 per share since the end of the last quarter. Microsoft stock closed Wednesday at $27.13, and went up a bit in after-hours trading to $27.16 per share.

Comments

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►