Microsoft is expected to report its fiscal 2015 first quarter earnings Thursday.
Wall Street is expecting earnings per share of 49 cents, sales of $22 billion and net income of $4.34 billion, according to a consensus estimate of analysts from Bloomberg.
In the year-ago quarter, Microsoft reported earnings per share of 62 cents, sales of $18.53 billion and profit of $5.24 billion.
The quarter, which ran from July 1 to Sept. 30, covers the first waves of layoffs in which Microsoft is seeking to eliminate 18,000 jobs by July 2015. Microsoft has already eliminated about 15,000 of the jobs so far.
Microsoft will webcast its earnings conference, starting at 2:30 p.m. Thursday, here.