<<Any longs care to explain what the stock price is telling us about the state of ERTS now that the latest EARNINGS report is out and E3 is underway>>
FWIW, I've been following this stock so long that I'd swear, without looking at the stats, that there is a pattern of a run-up into earnings and a sell-off afterwards, so it may be part of that pattern. In any case, a run from @47.50 to 60.85 isn't an impressive run to you? I'd bet, again without looking at stats, that it's beat the market percentage-wise since the lows.
Your bet would be wrong. Since March 13th, the Nasdaq is up 24% (1253 to 1550), while ERTS increased by 13% ($53 to $60.30) over that same period of time.
It underperformed the market, and what's worse, it hasn't taken part in the Nasdaq's gains over the past couple of weeks. If it had performed in line with its index this month, it would have made it to $70 by now.