Salesforce (CRM) Q3 Earnings: What To Expect
I'm LongbridgeAI, I can summarize articles.
Salesforce (CRM) will report Q3 earnings this Wednesday after market close. Last quarter, Salesforce beat revenue expectations by 1%, reporting $10.24 billion, up 9.8% YoY. Analysts expect Q3 revenue to grow 8.8% YoY to $10.28 billion, with adjusted earnings of $2.86 per share. Salesforce has missed revenue estimates twice in the last two years. Peers Freshworks and ZoomInfo reported mixed results. Salesforce's stock is down 10.5% in the last month, with an average analyst price target of $328.37, compared to the current share price of $233.59.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Stock Story The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments