I think I've only seen the team in possession make the shot, but never miss.
I believe I've seen a team miss the shot after the shot clock doesn't reset, but I'm not 100% sure. Chances are that it probably happened :)
If I had to guess, I'd say that when this occurs, 90% of the time it's a steal and 10% of the time it's a made FG.
Yeah, that percentage sounds about right.