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Microsoft Corporation Q4 Profit Advances, but misses estimates

Microsoft Corporation (MSFT) released earnings for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings came in at $16.74 billion, or $2.23 per share. This compares with $16.46 billion, or $2.17 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $2.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.4% to $51.87 billion from $46.15 billion last year.

Microsoft Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $16.74 Bln. vs. $16.46 Bln. last year.
-EPS (Q4): $2.23 vs. $2.17 last year.
-Analyst Estimate: $2.30
-Revenue (Q4): $51.87 Bln vs. $46.15 Bln last year.

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