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February 2018

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The Country Caller delivers updated quarterly forecasts for Microsoft and Intel’s respective earnings announcements later in the evening today

After Thursday, January 26’s closing bell, Microsoft Corporation (NASDAQ:MSFT) and Intel Corporation (NASDAQ:INTC) will post their much awaited financial figures for the second quarter of fiscal year 2017 (2QFY17) and 4QFY16, respectively. Both companies have delivered strong financial performances historically. Based on their previous trends, Earnings Whispers suggest that both companies hold potential to exceed analysts’ expectations on top and bottom lines this season.

Microsoft Corporation

For the second quarter, Wall Street analysts anticipate Microsoft to produce 79 cents in earnings per share (EPS), one cent better than the company’s performance in the prior year period. This is likely to enhance the Washington-based company’s bottom line by roughly 4%, on quarter-over-quarter (QoQ) basis. Moreover, MSFT has also attained 81 cents in EPS estimate from the analysts at Earningswhispers.com.

In addition to its bottom line estimates, Microsoft has a consensus top line forecast of $25.21 billion. However, the $499.54 billion company is believed by Estimize.com to excel analysts’ expectations on top line, with its revenue prediction of $25.36 billion. Nonetheless, analysts’ forecast will let MSFT attain 5.9% year-over-year (YoY) growth and 22.96% QoQ increment on the top line.

Intel Corporation

For the fourth quarter, Street analysts look forward to 76 cents EPS from Intel, four cents worse than its previous quarter profits per share. However, it marks an increase of 2.7% YoY in EPS. On the contrary, Earningswhispers.com expects the California-based company to beat the Street on bottom line, with an EPS of 78 cents.

Furthermore, INTC has also received a consensus revenue forecast and Estimize.com’s top line prediction of $15.76 billion and $15.84 billion, respectively. The top line forecasts remain consistent with Intel’s 4Q revenue outlook of $15.2-16.2 billion. The $183.28 billion company’s previous quarter and prior year 4Q revenues clocked in at $14.9 billion and $15.8 billion, respectively.