When the software giant reports Q2 earnings at 4:05 p.m. ET, the market will be looking for adjusted earnings of $1.32 per share, which is higher than the $1.21 the company earned in the prior-year quarter. November-quarter revenues are expected to be $13.05 billion.
In the first quarter of 2024, revenues increased to $12.5 billion from $11.45 billion in the corresponding period of the prior year. Adjusted earnings, excluding special items, was $1.19 per share in the August quarter, compared to $1.03 per share in the year-ago quarter.