2 ms·

Earnings: $2.32 per share, adjusted, vs. $2.29 per share as expected by analysts, according to Refinitiv. Revenue: $52.75 billion, vs. $52.94 billion as expect

Earnings: $2.32 per share, adjusted, vs. $2.29 per share as expected by analysts, according to Refinitiv. Revenue: $52.75 billion, vs. $52.94 billion as expected by analysts, according to Refinitiv. https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2023.html https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2... I really can't tell how to judge this. What will this cause reaction wise in terms of "what does this signal for the other top S&P players"? Is it really a "beat" if guidance was lowered? Did they mention anything about forward guidance? Is that what matters more?

adam_arthur 4y ago
Beat references results relative to expectations for the quarter. But yes, guidance generally matters more than the actual quarterly results. Which is why MSFT is flat now after giving weak guidance on their call. Of course, it’d be kind of silly to not sandbag your guidance in this environment. There’s very little to gain by setting expectations high