salesforce.com

Salesforce.com (CRM) Surpasses Q2 Earnings and Revenue Estimates

Zacks Equity Research
August 25, 2020, 11:35 PM GMT+2
Salesforce.com (CRM) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 114.93%. A quarter ago, it was expected that this customer-management software developer would post earnings of $0.69 per share when it actually produced earnings of $0.70, delivering a surprise of 1.45%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Salesforce.com, which belongs to the Zacks Computer - Software industry, posted revenues of $5.15 billion for the quarter ended July 2020, surpassing the Zacks Consensus Estimate by 5.15%. This compares to year-ago revenues of $4 billion.


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