Salesforce Sees Q4 Adj. EPS $2.25-$2.26 vs $1.98 Est., Revenue $9.18B-$9.23B vs $8.4B Est.
Portfolio Pulse from Benzinga Newsdesk
Salesforce reported Q4 adjusted earnings per share (EPS) of $2.25-$2.26, surpassing the estimated $1.98. Revenue was also higher than expected at $9.18B-$9.23B, compared to the $8.4B estimate.
November 29, 2023 | 9:04 pm
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Salesforce's Q4 earnings significantly exceeded analyst expectations, with both EPS and revenue surpassing estimates.
Salesforce's reported earnings and revenue are substantially higher than analyst estimates, which is likely to be viewed positively by investors and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100