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Microsoft Q4 Earnings Preview: Analyst Says 'Stock Still Has Yet To Fully Price In ... Next Wave Of Cloud And AI Growth'

Among the largest companies to report quarterly earnings during the trading week is Microsoft Corp (NASDAQ:MSFT) with investors and analysts eyeing continued growth of Cloud and artificial intelligence efforts. Earnings Estimates: Analysts expect Microsoft to report fourth-quarter revenue of $64.36 billion according to data from Benzinga Pro. The company reported revenue of $56.19 billion in last year's fourth quarter. Microsoft has beaten analysts' estimates for revenue in eight of the past 10 quarters, including five straight quarters. Analysts expect the company to report fourth-quarter earnings per share of $2.93 compared to $2.69 in last year's fourth quarter. The company has beaten analysts' estimates for earnings per share in nine of the past 10 quarters, including seven straight quarters. Read Also: Microsoft’s Progressive Stance Paves Way for Unionized Gaming Workforce What Analysts Are Saying: The ongoing AI Revolution and Microsoft's growth from the sector is one of the key items Wedbush analyst Dan Ives will be watching when the company reports. "Microsoft and Nvidia are the two best barometers in technology on the pace of AI adoption globally," Ives said. The analyst maintained an Outperform rating and $550 price target in a new investor note. Ives said channel checks show a potential "robust" quarter for Microsoft with ...