Salesforce, Inc. reports results for the quarter ended July 31 - Earnings Summary
Salesforce, Inc. reports results for the quarter ended July 31 - Earnings Summary
Salesforce, Inc. CRM.N reported quarterly adjusted earnings of $5.90 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $2.91. The mean expectation of forty four analysts for the quarter was for earnings of $3.27 per share. Wall Street expected results to range from $3.23 to $3.47 per share.
Revenue rose 10.8% to $11.35 billion from a year ago; analysts expected $11.32 billion.
Salesforce, Inc.'s reported EPS for the quarter was $4.29.
The company reported quarterly net income of $3.53 billion.
Salesforce, Inc. shares had risen by 31.3% this quarter and lost 22.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.9% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 41 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for Salesforce, Inc. is $240.50, about 14.5% above its last closing price of $205.62
This summary was machine generated from LSEG data August 26 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jul. 31 2026 | 3.27 | 5.90 | Beat |
Apr. 30 2026 | 3.12 | 3.88 | Beat |
Jan. 31 2026 | 3.04 | 3.81 | Beat |
Oct. 31 2025 | 2.86 | 3.25 | Beat |