$MSFT reports after the US close on Oct 28 and the Binance Pick crowd is pretty confident: "Will Microsoft beat quarterly earnings?" is trading around 77% Yes, with the yes side sitting at 0.84 on Pick. Bar to clear is GAAP EPS above $4.82.
This is the side I'm leaning too. Microsoft guided Azure to 44-45% growth in constant currency for this quarter, and they've been setting that guide up to beat all year. Hood already said demand is still running ahead of supply, so the question is more how much capacity they turned into revenue than whether the demand is there.
What could still go wrong is the stuff that doesn't show up in a beat/miss question. Capex is guided above $50B for the quarter. A clean EPS beat with an ugly capex or margin line can still turn into a sell-the-news candle on $MSFT, so I'd separate "beats the number" from "stock goes up". Event closes Oct 29 05:00 KST.
Anyone actually on the No side here at 22%, or is $MSFT the easiest yes on the board? đ
nfa, just reading the odds.
#EarningsSeason #BinancePick #MSFT #BigTech
This is the side I'm leaning too. Microsoft guided Azure to 44-45% growth in constant currency for this quarter, and they've been setting that guide up to beat all year. Hood already said demand is still running ahead of supply, so the question is more how much capacity they turned into revenue than whether the demand is there.
What could still go wrong is the stuff that doesn't show up in a beat/miss question. Capex is guided above $50B for the quarter. A clean EPS beat with an ugly capex or margin line can still turn into a sell-the-news candle on $MSFT, so I'd separate "beats the number" from "stock goes up". Event closes Oct 29 05:00 KST.
Anyone actually on the No side here at 22%, or is $MSFT the easiest yes on the board? đ
nfa, just reading the odds.
#EarningsSeason #BinancePick #MSFT #BigTech