Here's how the company did:$1.44 per share, adjusted, vs. 67 cents per share as expected by analysts, according to Refinitiv.The adjusted earnings were positively impacted by mark-to-market accounting for the company's investments, according to a statement.
With respect to guidance, Salesforce called for 73 cents to 74 cents in adjusted earnings per share on $5.24 billion to $5.25 billion in revenue for the fiscal third quarter. Analysts surveyed by Refinitiv had expected 77 cents in adjusted earnings per share on $5.01 billion in revenue.
How about hootsuite?
Salesforce is going to crash soon or tomorrow! People are over buying it after it’s “big earning report beat!” Look closely at the earning reports, EPS = -$0.18!? Losing money per share, yet trading at $216! Bulls are going to meet the bears!
DiazMichael_