Salesforce Sees FY25 Adj. EPS $9.86-$9.94 vs $9.76 Est., Revenue $37.7B-$38B vs $37.98B Est.
Portfolio Pulse from Benzinga Newsdesk
Salesforce has announced its financial projections for FY25, with adjusted EPS expected to be between $9.86 and $9.94, surpassing the estimated $9.76. Revenue is projected to be between $37.7 billion and $38 billion, close to the estimated $37.98 billion.
May 29, 2024 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Salesforce's FY25 financial projections show adjusted EPS exceeding estimates and revenue in line with expectations, which is likely to positively impact the stock price in the short term.
The adjusted EPS projection surpasses market estimates, which is a positive indicator for investors. The revenue projection being in line with expectations also adds stability. These factors combined are likely to result in a positive short-term impact on Salesforce's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100