Microsoft Stock Underperforms Despite Strong Earnings Growth Outlook
• Microsoft (MSFT) stock dropped 1.01% despite the S&P 500 falling only 0.1%, underperforming the market
• MSFT shares gained 13.19% over the past month, less than the Computer & Technology sector's 14.19% gain
• MSFT is expected to report 18.53% year-over-year earnings growth and 15.68% revenue growth in upcoming quarterly results
• Analysts have slightly increased MSFT's consensus EPS estimate over the last 30 days, signaling optimism
• At current valuations, MSFT trades at a premium to its industry average with a Forward P/E of 34.39 and PEG of 2.55