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.