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Microsoft expected to post strong growth

Time: 05:50 EST/10:50 GMT | News Source: *Linked Within Post* | Posted By: Kenneth van Surksum

Microsoft Corp. is expected to post strong profit and sales gains when it reports earnings Thursday for its fiscal third quarter, a period that saw it enter an aggressive takeover bid for Yahoo Inc.

Analysts on average estimate that Microsoft will post earnings of 45 cents a share and revenue of $14.56 billion for the period ended in March, according to FactSet Research.

That compares to earnings of 50 cents a share and revenue of $14.4 billion in the same period a year earlier, although during that period Microsoft had recognized some 12 extra cents in earnings per share that had been deferred from a previous quarter.

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