Subject: Earnings
https://www.cnbc.com/2024/04/2...

A solid quarter for sure with EPS rising 20% over last year. I am less confident that earnings can continue to grow at this rate, I think a number closer to 15% is more likely.

Here are some numbers for those interested....

EPS		2.95	+20%	vs 2.82
Revenue		$61.86	+17%	vs 58.3B
Stock		$390	+27%	vs $368


Valuation (TTM)
	Revenue	: $236B
	EPS	: $11.56
	Stock	: $390

Forecast (Guesses) --> This time next year...
	Revenue	: $260B
	EPS	: $13.11
	Stock	: $415

My "model" assumes a contraction of PE back down to around 30 and a P/S just above 10 (from current levels of 36 and 12.7). MSFT is now my single largest individual holding and I don't think I would trim unless the stock traded well above $450 / share (which is possible - but unlikely) this quarter. My central expectation would be $385 / share at the end of this quarter.

tecmo
...

Reference : Stock traded up to $406 after the earnings release.