) is slated to report its Q1 results in tonight's after-hours
session, and analysts polled by Capital IQ are expecting the
software giant to report a profit of $0.54 per share on revenue of
Microsoft is mixed in its trading pattern between the sessions,
cutting back its extended-hours trade in next-day action in 19 of
its last 38 quarterly earnings events.
MSFT is usually not a stock that benefits longs. In fact, it
generally favors cutting back its extended-hours gains in the
following day's regular session and adding to its downside evening
moves. MSFT has recorded 19 earnings-driven off-hours gains in 38
quarters we've tracked. In 12 of those upside extended-hours moves
the stock has narrowed or reversed course the following regular
session (63% of the time).
MSFT has declined 19 times in the after-hours following
earnings, and in 11 of those quarters it has added to its downside
move the following day (58% of the time).
On July 18, 2013, MSFT tumbled 6.1% in after-hours trade after
missing Q4 expectations. The stock was hammered lower the next day,
ending the July 19 regular session off 11.4%.
On April 18, 2013, MSFT added 2.2% in night trade after posting
mixed Q3 results. The stock moved higher the next day, closing the
April 19 regular session up 3.4%.
On Jan. 24, 2013, MSFT slumped 1.9% in after-hours trade despite
beating Q2 earnings estimates. The stock reversed direction the
next day, closing the Jan. 25 regular session up 0.9%.
On Oct. 18, 2012, MSFT declined 1.3% in evening trade after
posting mixed Q1 results. The stock moved deeper in the red the
next day, ending the Oct. 19 regular session off 2.9%.
On July 19, 2012, MSFT gained 2.5% in after-hours trade after
beating on Q4 earnings but also coming in shy on revenue. The stock
headed south the next day, closing the July 20 regular session down
On April 19, 2012, MSFT advanced 2.8% in night trade after
topping Q3 estimates. The stock added to its upside the next day,
closing the April 20 regular session up 4.5%.
On Jan. 19, 2012, MSFT advanced 2.2% in evening trade after
topping Q2 earnings estimates. The stock jumped higher the next
day, advancing 5.6% by the close on Jan. 20.
On Oct. 20, 2011, the stock fell 0.6% after in-line Q1 results.
Shares reversed to close up 0.3% the next day.
On July 21, 2011, the stock slipped 0.2% in after-hours trading
after a Q4 earnings beat. Shares rebounded with a 1.6% gain the
On April 28, 2011, MSFT declined 1.7% in evening trade despite
beating Q3 expectations. The stock added to its downside the
following day, ending down 2.9% on April 29.
On Jan. 27, 2011, MSFT slipped 0.07% in after-hours trade
despite beating quarterly expectations. The stock moved deeper in
the red the following day, closing the Jan. 28 regular session down
On Oct. 28, 2010, MSFT advanced 3% in after-hours trade after
beating Q1 expectations. The stock lost just more than half that
gain the next day, closing the Oct. 29 regular session up 1.4%.
On July 22, 2010, MSFT slipped 0.1% in evening trade despite
topping Q4 estimates. It ended the July 23 regular session with the
same 0.1% decline.
On April 22, 2010, MSFT declined 3.2% in after-hours action
after posting Q3 results ahead of Street estimates. The stock saw
its downside narrow the following day, closing the April 23 regular
session down 1.3%.
On Jan. 28, 2010, MSFT clawed 0.3% higher in after-hours trade
after reporting Q2 results that were about in line with
expectations. The stock lost its upside the following day, ending
the Jan. 29 regular session down 3.3%.
On Oct. 23, 2009, MSFT jumped 9.5% in pre-market trade after
topping Q1 expectations. The stock lost a good chunk of its gains
in the follow-on regular session, closing Oct. 23 bell-to-bell play
On July 23, 2009, MSFT declined 7.7% in after-hours trade after
missing Q4 revenue expectations. The stock added to its downside in
the July 24 regular session, ending down 8.2%.
On April 23, 2009, MSFT advanced 3.5% in after-hours trade
despite missing Q3 revenue expectations. The stock surged higher in
the following day's regular session, ending up 10.5%.
On Jan. 22, 2009, MSFT declined 7.2% in pre-market trade after
reporting results below Street estimates. The stock tumbled even
deeper in the red in that day's regular session, closing down
On Oct. 23, 2008, MSFT edged up 0.1% in after-hours trade after
topping Q1 expectations but also setting its guidance below Street
estimates. It turned red the following day, closing the Oct. 24
regular session down 1.6%.
On July 17, 2008, the stock fell 6.4% during evening trading
after missing by a penny and setting Q1 guidance just below Street.
The stock fell 6% the following day.
On April 24, 2008, MSFT declined 4.8% in after-hours trade after
reporting a year-over-year decline in earnings. The stock saw its
downside expand the next day, losing 6.1% by the April 25 regular
On Jan. 24, 2008, MSFT gained 4.6% in night trade after besting
the Street's estimates for Q2 and setting its outlook to match or
beat expectations. That gain evaporated the next day as MSFT ended
the Jan. 25 regular session down 0.9%.
On Oct. 25, 2007, MSFT leaped 11.2% in night trade after topping
with Q1 results and setting its Q2 guidance in-line to higher than
Street estimates. Traders shaved off some of that upside the
following day, with MSFT closing the Oct. 26 regular session up
On July 19, 2007, MSFT slipped 1.8% in after-hours trade on the
heels of better-than-expected Q4 revenue and guidance that
straddled the then-current Street view. It saw some of that decline
narrow the next day, ending the July 20 regular session off
On April 26, 2007, MSFT rose 4.2% in night trade after topping
Q3 estimates and offering mixed guidance. Shares eased off those
highs the next day, ending the regular session up 3.5%.
On Jan. 25, 2007, the stock gained 1.8% in the evening hours
after the company tops with its latest figures and guides mostly in
line. The gain was a slender 0.5% the next day.
On Oct. 26, 2006, MSFT edged up 0.5% in after-hours when the
company beat Q1 sales estimates but forecast Q2 revenues to be
below Street views. Shares fell into negative territory, closing
the following day session down 0.04%.
On July 20, 2006, shares gained 5.7% in the evening hours after
the company beat with Q4 results and set a share buyback. The stock
finished up 4.5% the next day.
On April 27, 2006, MSFT lost 6.4% after reporting improved Q3
results from a year ago but forecasting lower-than-expected Q4 and
FY EPS. Shares tumbled further the next day, closing the regular
session down 11.3%.
On Jan. 26, 2006, shares rose 2.2% after the company reported
improved results from the comparable quarter and guided mostly in
line for the coming quarter. The gain was a steeper 4.7% the next
On October 27, 2005, MSFT eased 1.5% in night trade after just
missing Q1 sales estimates and offering Q2 guidance that was weaker
than analysts' expectations. However, shares came back the next
day, ending the regular session up 2.7%.
On July 21, 2005, MSFT sank 1.8% in after-hours trading after Q4
EPS topped the Street forecast but the company guided Q1 revenue
below the Street. It fell even farther in the July 22 regular
session, ending 2.8% lower.
On April 28, 2005 MSFT edged 0.6% higher in night trade after
the company reported revenue results just shy of estimates but
guided for stronger-than-expected sales. The stock surged higher
the next day, rising 3.5% by the closing bell on April 29.
On Jan. 27, 2005, MSFT added 1.8% in that night's after-hours
session after the company topped revenue expectations and guided
higher. The stock watched its upside slip away in next-day trade,
ending bell-to-bell play up 0.2%.
On Oct. 21, 2004 MSFT declined 1.7% after beating on revenue and
guiding its forward outlook below the Street. Sellers tapped it
down 2.8% in the Oct. 22 regular session.
Back on July 22, 2004 the company posted higher revenue and an
in-line outlook, and the stock dropped 2.2% in after-hours trade.
Pressure mounted between the bells on July 23 as MSFT ultimately
saw a 3.3% downside by the close.
Finally, on April 22, 2004 MSFT advanced 4.7% after the company
blew past expectations and guided higher. Buy momentum picked up a
heftier pace on April 23, and the issue closed the day session up
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