Salesforce Q2 EPS $2.12 Beats $1.90 Estimate, Sales $8.60B Beat $8.52B Estimate
Portfolio Pulse from Bill Haddad
Salesforce reported Q2 earnings of $2.12 per share, beating the analyst consensus estimate of $1.90 by 11.58%. This is a 78.15% increase from the same period last year. The company also reported quarterly sales of $8.60 billion, beating the analyst consensus estimate of $8.52 billion by 0.94%. This is a 11.40% increase from the same period last year.
August 30, 2023 | 8:05 pm
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POSITIVE IMPACT
Salesforce's Q2 earnings and sales beat estimates, indicating strong performance.
Salesforce's earnings and sales for Q2 have both exceeded analyst estimates, which is typically a positive signal for the company's stock. The significant YoY increases in both earnings and sales suggest strong performance and growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100