increase in guidance, factor in both rev and eps beat + upgrades+ 15% of the 13% short = close of $51.25 tomorrow
Since they are losing money, the "eps beat" is not accurate. Should read : "SalesForce lost less money than analysts anticipated".
A stock rarely closes the next day as high as the previous night's trading.
Sure it does look at FB and AAPL and LNKD and AMZN after they reported earnings this quarter - they all closed higher than they did the previous night in AH
Plus the CEO is on ( i hate to say it) Cramer's show tonight. looking good.
keep pumping, these are all from reduced based from 90 ays ago estimates, thus selling will be hard #48,47,46 level, as funds take profits from shorts
Guidance was barely increased and EPS was increased substantially below the estimates 90 days ago.
hammer? well you will love your name tomorrow. You may have to add an "ed" at the end.