Investor Tim Seymour said Microsoft stock remains expensive even after the tech giant released its quarterly earnings. He shared his thoughts on the tech giant’s latest quarterly results on his CNBC “Fast Money” on Tuesday. The software giant beat analyst estimates for its earnings-per-share in the second quarter of the fiscal year, but earnings fell short of expectations. According to Refinitiv, the company posted adjusted earnings of $2.32 per share on his $52.75 billion earnings, versus analysts’ forecasts for his $52.94 billion earnings. It posted earnings of $2.29 per share. On its earnings call, the company announced a disappointing earnings forecast for the quarter. “I knew sales were going to be weak. I know Microsoft has come a long way. How much do you want to pay this company? It’s a number to think about.Street is there and I think it’s starting to get higher than that,” said Seymour, chief investment officer at Seymour Asset Management. asked CNBC’s Melissa Lee. Microsoft shares initially rose in long-term trading after the company reported its earnings, but fell after the company issued lackluster guidance in its earnings call.
