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Barchart
Barchart
Aditya Sarawgi

What You Need To Know Ahead of Microsoft's Earnings Release

Redmond, Washington-based Microsoft Corporation (MSFT) is the largest software company in the world. It dominates the PC software market with more than 80% of the market share for operating systems and also provides various market-leading business and productivity software. With a market cap of $3.9 trillion, Microsoft operates in 190+ countries across the globe.

The software giant is set to announce its first-quarter results after the markets close on Wednesday, Oct. 29. Ahead of the event, analysts expect MSFT to report a profit of $3.66 per share, up 10.9% from $3.30 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line estimates in each of the past four quarters.

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