Salesforce Q3 2024 Adj. EPS $2.11 Beats $2.06 Estimate, Revenue $8.72B Vs $8.728B Estimate
Portfolio Pulse from Benzinga Newsdesk
Salesforce reported Q3 2024 adjusted earnings per share (EPS) of $2.11, surpassing the estimate of $2.06. However, their revenue of $8.72 billion was slightly below the expected $8.728 billion.

November 29, 2023 | 9:04 pm
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NEUTRAL IMPACT
Salesforce's Q3 2024 earnings beat EPS estimates but fell short on revenue expectations by a small margin.
Salesforce's earnings beat on EPS may be viewed positively by investors, signaling operational efficiency and profitability. However, the slight miss on revenue could raise concerns about growth prospects. The mixed results are likely to have a neutral short-term impact on the stock price as the market digests both the positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100