Salesforce Sees FY25 Revenue $37.7B-$38B Vs $37.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Salesforce has projected its fiscal year 2025 revenue to be between $37.7 billion and $38 billion, slightly below the market estimate of $37.84 billion.
August 28, 2024 | 8:13 pm
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NEGATIVE IMPACT
Salesforce's FY25 revenue projection of $37.7B-$38B is slightly below the market estimate of $37.84B, which may lead to a neutral to slightly negative short-term impact on its stock price.
The revenue projection is a key indicator for investors. Being slightly below the market estimate could lead to a negative sentiment, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100