May. 28 at 5:19 AM
$CRM
The company reported earnings per share (EPS) of
$3.88, well above the forecasted
$3.13, marking a 23.96% earnings surprise. Revenue also exceeded projections, reaching
$11.13 billion against an expected
$11.06 billion
Given CRM has now retired 10 per cent of stock float, 24 percent beat is quite considerable and negate the theory that eps beat is entirely structural engineering