Microsoft posted adjusted earnings of $4.27 a share on revenue of $82.9 billion, exceeding Wall Street estimates on both metrics.

Microsoft's forecast on revenue and operating margin was light, but the company sees $190 billion in 2026 capital spending, well above Wall Street's estimate.

Wall Street consensus estimate project $4.06 earnings per share and revenue of over $81 billion.

By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans for 2026 capital spending of $190 billion,

Recent filings reveal diverging revenue patterns and margin profiles between these tech leaders, with notable differences in quarterly volatility and scale.

By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race,