LIVE: Here comes Microsoft earnings

AP

Microsoft is reporting its quarterly earnings on Wednesday after the bell.

Wall Street analysts are expecting:

• Adjusted earnings of $0.86 per share.
• Revenue of $28.39 billion.

Microsoft investors are especially keen to see further growth in the company's key cloud businesses, including Office 365 and the Azure cloud. Last quarter, Microsoft announced it had hit its goal of achieving a $20 billion annualized cloud run rate.

Get the latest Microsoft stock price here.