Why Microsoft’s New Strategic Partnership Should Scare Amazon
Estimize | Jul 19, 2018 07:15AM ET
MSFT
Microsoft Corporation (NASDAQ:MSFT)
Information Technology - Software
Microsoft Corporation will release their FQ4’18 earnings tomorrow, July 19th, after the market closes. The Estimize Consensus projects an earnings-per-share (EPS) of $1.11, showing a 9% year-over-year growth rate. This prediction is more bullish than Wall Street’s estimate of $1.07. In terms of revenue, Estimize predicts $29.364B, which is higher than Wall Street’s projection of $29.206B. The Estimize Consensus projects Microsoft’s Gross Margins to come in at 66.07%, which would demonstrate a 4% year-over-year growth rate. Over previous quarters, Microsoft has beaten estimates and many analysts are projecting a beat tomorrow as well.
Microsoft and Walmart (NYSE:WMT) have recently teamed up to go head-to-head with Amazon (NASDAQ:AMZN) in both the technology and retail spaces. This new partnership will last five years, and will allow Walmart to gain access to volumes of data across their company. This will thrust Walmart forward in their industry by giving them the ability to be innovative and successful. Microsoft and Walmart engineers are working together to improve the online experience for Walmart and Sam’s Club shoppers, reach more global markets, and continue to battle Amazon.
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