Hardly. They only beat reduced earnings EPS. They were down year over year. Like so many suckers you are celebrating reduced earnings and revenue. With that said they are still going to make a lot of money this year. Just not as much. I'll will continue to hold my cash.
Still a heck of a lot better than missing either number. The positive guidance is the most important number. The reduced earning from last year is more than reflected in the stock price so it is a win to hopefully being on a positive trail for the first time in years.