Microsoft Corporation’s Quarterly Earnings Preview: What You Need to Know

This article is a pre-earnings preview for Microsoft ahead of its FY2026 Q4 results. Analysts expect EPS of $4.21, up 15.3% year over year, and full-year FY2026 EPS of $16.76, up 22.9% from FY2025. Looking further out, FY2027 EPS is projected to rise another 15.1% to $19.29. The piece also notes Microsoft’s shares have fallen 20.5% over the past 52 weeks, underperforming both the S&P 500 and the technology sector ETF XLK, despite a recent 1.6% gain after announcing a $2.5 billion investment in Microsoft Frontier Co. The market tone is constructive: analysts are strongly bullish, with 42 of 50 rating the stock a Strong Buy and an average price target implying 41.4% upside. Overall, the article frames Microsoft as an earnings-growth story with AI-related capital deployment supporting long-term confidence, even as recent stock performance has lagged peers.