Salesforce Sees Q3 Adj. EPS $2.05-$2.06 vs $1.83 Est., Sees FY24 Adj. EPS $8.04-$8.06 vs $7.45 Est.
Portfolio Pulse from Bill Haddad
Salesforce has raised its Q3 and FY24 adjusted EPS guidance to $2.05-$2.06 and $8.04-$8.06 respectively, both above the estimated figures of $1.83 and $7.45.
August 30, 2023 | 8:07 pm
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POSITIVE IMPACT
Salesforce's raised guidance for Q3 and FY24 adjusted EPS is likely to positively impact its stock price.
Salesforce's raised guidance indicates better-than-expected performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100