Equities Analysts Set Expectations for Microsoft Co.’s FY2020 Earnings (NASDAQ:MSFT)
Microsoft Co. (NASDAQ:MSFT) – Analysts at Piper Jaffray Companies boosted their FY2020 EPS estimates for Microsoft in a report released on Thursday, April 25th, according to Zacks Investment Research. Piper Jaffray Companies analyst A. Zukin now expects that the software giant will post earnings of $5.07 per share for the year, up from their previous estimate of $4.96. Piper Jaffray Companies has a “Overweight” rating and a $140.00 price objective on the stock. Piper Jaffray Companies also issued estimates for Microsoft’s Q4 2020 earnings at $1.37 EPS, Q1 2021 earnings at $1.37 EPS, Q2 2021 earnings at $1.28 EPS, Q3 2021 earnings at $1.49 EPS and FY2021 earnings at $5.66 EPS.