May 30, 2022
[1 min Read]
CRM's earnings are being released on May 31st (after market close).
CRM historically beats earnings 94.29% of the time, with an average beat on earnings of 38.3%.
Conversely, CRM historically misses earnings 5.71% of the time, with an average miss of 33.42%.
By taking a weighted average (94.29% for earnings beats, and 5.71% for earnings misses) of the average gains/losses we can arrive at an estimate of how much CRM will beat (or miss) their earnings by. CRM has a weighted average EPS beat of 36.11%, and a weighted average EPS miss of 1.91%. By adding these weighted averages together we arrive at an estimated earnings beat of 34.2%
Applying this to their earnings estimate we can expect CRM to beat their EPS estimate by 34.2% which would result in a reported EPS of $1.26 (versus their EPS estimate of $0.94).