LIVE: Microsoft announces its first earnings since huge Windows shakeup

Microsoft is announcing its quarterly earnings after the bell.

Wall Street will be looking for continued growth in Microsoft's cloud businesses, mainly the Microsoft Azure cloud platform and the Office 365 productivity suite. Notably, these results come about a month after Microsoft announced a big shakeup that put Windows and Office into one unified product group, called "Experiences and Devices."

Here's the results Wall Street is expecting:

• Earnings of $0.85 per share adjusted
• Revenue of $25.77 billion

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