Microsoft and Alphabet earnings/revenues beat expectations. Starbucks, AMD, Stryker too.

<p>Microsoft Corp (MSFT) – Q4 2023</p><ul><li>EPS: $2.93 (BEAT expectation of $2.78). Last year $2.32</li><li>Total Revenue: $62.02 billion (BEAT expectation of $61.1 billion). Last year $52.7B</li><li>Cloud Revenue: $33.7 billion (BEAT expectation of $32.31 billion). Last year $27.1B<ul><li>Intelligent Cloud Revenue: $25.8 billion (BEAT expectation of $25.29 billion). Last year $21.5B</li><li>Productivity and Business Processes Revenue: $19.25 billion (BEAT expectation of $19.03 billion). Last year $17B</li><li>More Personal Computing Revenue: $16.89 billion (BEAT expectation of $16.8 billion). Last year $14.2B</li></ul></li></ul><p>Shares of Microsoft are trading down -0.75% in after-hours trading</p><p>Alphabet Inc (GOOGL) – Q4 2023</p><ul><li>EPS: $1.64 (BEAT expectation of $1.59). Last year $1.05.</li><li>Revenue: $86.31 billion (BEAT expectation of $85.33 billion). Last year $76.04B. </li><li>Google Cloud: $9.2 billion versus $8.94 billion and $7.32B last year.</li></ul><p>Shares of Alphabet are trading down -4.93% in after-hours trading.</p><p>Electronic Arts Inc (EA) – Q4 2023</p><ul><li>Adj. EPS: $2.96 (BEAT expectation of $2.93)</li><li>Net Bookings: $2.37 billion (BEAT expectation of $2.33 billion)</li></ul><p>Shares are down -1.85% after the close</p><p>Stryker Corp (SYK) – Q4 2023</p><ul><li>Adj. EPS: $3.46 (BEAT expectation of $3.27)</li><li>Revenue: $5.8 billion (BEAT expectation of $5.6 billion)</li></ul><p>Shares are up 3.59% after the close</p><p>Starbucks Corp (SBUX) – Q1 2024</p><ul><li>Adj. EPS: $0.90 (MISSED expectation of $0.93)</li><li>Revenue: $9.40 billion (MISSED expectation of $9.58 billion)</li></ul><p>Shares are up 2.5% after the close.</p><p>Advanced Micro Devices Inc (AMD) – Q4 2023</p><ul><li>Adj. EPS: $0.77 (MET expectation of $0.77)</li><li>Revenue: $6.17 billion (BEAT expectation of $6.12 billion)</li></ul><p>Shares are down -2.36% in after-hours trading</p>

This article was written by Greg Michalowski at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *