Microsoft Second-Quarter Earnings Live Blog

Real Money’s Eric Jhonsa covers Microsoft’s latest earnings report and conference call with management.

Microsoft’s disclosures about how corporate tech spending is shaping up in 2023 will get close attention as the software giant reports on Tuesday afternoon.

Among analysts polled by FactSet, the consensus is for Microsoft to report December quarter (fiscal second quarter) revenue of $52.99 billion (up 2.4% annually) and EPS of $2.29 (down 7.5%).

Microsoft shares quarterly sales guidance for its reporting segments on its earnings call. For the March quarter, the company’s revenue consensus stands at $52.42 billion (up 6.2%).

Eric Jhonsa, Real Money’s tech columnist, will be live-blogging Microsoft’s earnings report, along with a conference call scheduled for 5:30 P.M. Eastern Time.

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3:57 PM ET: As usual, Microsoft’s Azure revenue growth will be closely watched. In October, Microsoft guided for constant-currency Azure growth (42% in FQ1) to drop about 5 points sequentially.

3:51 PM ET: The FactSet consensus is for FQ2 revenue of $52.99B and EPS of $2.29.

With 2023 IT budgets getting set right now, a lot of attention will probably be given to Microsoft’s revenue guide (the FQ3 revenue consensus is at $52.42B), along with its commercial bookings growth and general commentary about corporate spending trends.

3:47 PM ET: Hi, this is Eric Jhonsa. I’ll be live-blogging Microsoft’s earnings report and call.

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