Salesforce (CRM) Tops Q3 EPS by 35c, Offers Q4 Guidance
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Salesforce (CRM) Shares Plunge on Weaker Profit Guidance, Bull Thesis Remains Intact Says Analyst
December 1, 2021 7:07 AM ESTShares of Salesforce (NYSE: CRM) are down 7% in pre-open Wednesday after the company reported Q3 results and guidance.
Salesforce reported EPS at $1.27 to top the analyst estimate of $0.92. Revenue came in at $6.86 billion, again higher than the $6.79 billion consensus.
We delivered another phenomenal quarter, fueling strong revenue growth, margin and cash flow. Salesforce is more relevant and strategic than ever as every company accelerates their digital transformation journey, said Marc Benioff, Chair and CEO of Salesforce.
However, Salesforce shares were... More
Salesforce (CRM) Stock Falls 6% on Worse Than Expected Q4 EPS Guidance as Q3 Results Beat
November 30, 2021 4:38 PM ESTSalesforce (NYSE: CRM) shares were trading nearly 6% lower after-hours following the companys reported Q3 results, with EPS coming in at $1.27, beating the consensus estimate of $0.92. Quarterly revenue grew 27% year-over-year to $6.86 billion, compared to the consensus estimate of $6.79 billion.
The company provided its... More
