Why Microsoft Stock Is Up 18% This Year So Far

Microsoft (NASDAQ: MSFT) shares have gained nearly 18% since the beginning of this year, according to data provided by S&P Global Market Intelligence, after the company beats analysts' earnings estimates three times.

Investors optimism for Microsoft's stock first surged after the company reported its second-quarter 2017 earnings at the end of January. Analysts had expected earnings per share (EPS) of $0.79, but Microsoft delivered $0.83 on $26.07 billion in revenue.

Image source: Microsoft.

Source: Fool.com