By Daniel Howley
Publication Date: 2026-04-27 21:13:00
Microsoft (MSFT) will report its third quarter results after the bell on Wednesday as Wall Street looks for signs that the company can keep up with AI demand and steady its position in the artificial intelligence race.
Microsoft’s stock has plunged in recent months on concerns about its Azure and AI growth. In its last quarter, Microsoft reported 38% growth in its Azure business but said it would have reached 40% if not for capacity constraints.
This concern, as well as questions about Copilot adoption, risks to Microsoft’s enterprise software business, and its relationship with OpenAI, has hung over the business in recent months, with its stock down over 20% in the last six months and serving as a laggard among its “Magnificent Seven” peers.
For the quarter, Microsoft is expected to report earnings per share of $4.04 on revenue of $81.46 billion, according to Bloomberg analyst consensus estimates, up from the same period last year when it saw EPS of $3.46…