Salesforce Sees FY24 Adj. EPS $7.41-$7.43 vs $7.14 Est., Revenue $34.5B-$34.7B vs $34.65B Est.
Portfolio Pulse from Bill Haddad
Salesforce has raised its FY24 adjusted EPS guidance to $7.41-$7.43, up from the previous estimate of $7.14, and expects revenue to be between $34.5B-$34.7B, in line with the $34.65B estimate.
May 31, 2023 | 8:10 pm
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Salesforce's updated FY24 guidance shows increased adjusted EPS and revenue in line with estimates, which may positively impact its stock price.
Salesforce's updated guidance indicates better-than-expected earnings and revenue in line with estimates. This news is likely to be seen as positive by investors, potentially leading to an increase in the stock price of CRM in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100