Technology giant Microsoft (NASDAQ: MSFT) will be reporting earnings this Wednesday afternoon. Here’s what investors should know.

Microsoft beat analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $77.67 billion, up 18.4% year on year. It was a very strong quarter for the company, with a narrow beat of analysts’ revenue estimates and a solid beat of analysts’ revenue estimates.

Is Microsoft a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Microsoft’s revenue to grow 15.3% year on year to $80.32 billion, improving from the 12.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.92 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Microsoft has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.9% on average.

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.