Microsoft Corp. (NASDAQ: MSFT) reports fiscal fourth-quarter 2026 earnings on July 29. It’s likely that Microsoft will beat both top- and bottom-line estimates. However, investors will be more focused on what management says about capital expenditures (CapEx) in fiscal year 2027 (FY2027).
Analysts expect diluted earnings per share (EPS) of $4.21, up 15.3% from a year ago. Microsoft has beaten estimates for four straight quarters. That part of the story is almost routine and is why MSFT has delivered a total return of over 680% in the last 10 years.
