Recap: Salesforce.com Q2 Earnings

Shares of Salesforce.com CRM rose in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 2.78% year over year to $1.48, which beat the estimate of $0.92.

Revenue of $6,340,000,000 rose by 23.08% from the same period last year, which beat the estimate of $6,240,000,000.

Outlook

Salesforce Sees Q3 2022 EPS $0.91-$0.92 Vs $0.81; Sees FY22 EPS $4.36-$4.38 Vs Est $3.82
Salesforce Sees Q3 2022 Revs $6.78B-$6.79B Vs $6.66B Est; FY22 Revs $26.2B-$26.3B Vs $26.01B Est

Details Of The Call

Date: Aug 25, 2021

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.salesforce.com%2F&eventid=3196580&sessionid=1&key=E4F208A6635A4BB0BDDAB02F66DB734E&regTag=&V2=false&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $284.50

Company's 52-week low was at $201.51

Price action over last quarter: Up 12.43%

Company Profile

Salesforce.com provides enterprise cloud computing solutions, including Sales Cloud, the company's main customer relationship management software-as-a-service product. Salesforce.com also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!