MSFT Earnings After the Close
For the seemingly few that are interested in Microsoft's earnings after the close, below we highlight the company's historical quarterly reports going back to the fourth quarter of 2001. As shown, MSFT has beaten eps and revenue estimates 71% of the time, while guiding higher 20% of the time. The average change on the first trading day following all reports has been a decline of 30 bps. When they have missed estimates, the stock has declined an average of 3.05%.
Update: Below we highlight the four strongest up gaps on a quarterly earnings report for MSFT since 1990, including the after hours change of 10% for MSFT this evening.
Great job by Microsoft. Halo 3 and I suspect (for next quarter) Facebook really helped them end on a very positive note. If Microsoft ever wants to catch up with Google then the Directors need more successful products like Halo 3 and more aggressive deals like Facebook. They need to pool together their collective experience to make sure that Microsoft stays on the straight path http://www.newsvisual.com/newsvisual/2007/10/microsoft-diver.html
Posted by: King Kang | October 25, 2007 at 06:57 PM