News Formal

We're cutting our price target on Salesforce after mixed earnings, soft guidance

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

Hubspot Inc ニュース

Microsoft Corp,SAP SE,Advanced Micro Devices Inc

We believe the sell-off Wednesday is overdone, but also understand stocks aren't rewarded when growth is slowing.

Salesforce shares sank more than 16% Wednesday after reporting mixed earnings and revised guidance lower. The cloud software company is a high-quality stock in a rough neighborhood — at least for the near term. Revenue increased 11% year over year to $9.13 billion in the three months ended April 30, missing the $9.18 billion expected by analysts, according to estimates compiled by LSEG. Adjusted earnings per share of $2.44 rose 44% on an annual basis and topped the $2.

Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021.Salesforce shares sank more than 16% Wednesday after reporting mixed earnings and revised guidance lower. The cloud software company is a high-quality stock in a rough neighborhood — at least for the near term.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

After revenue miss, Salesforce CEO details the ‘measured' buying environment for enterprise software companiesSalesforce CEO Marc Benioff told CNBC’s Jim Cramer how the market for enterprise software companies has changed since the pandemic.
ソース: NBCPhiladelphia - 🏆 569. / 51 続きを読む »

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and moreThese are the stocks posting the largest moves in extended trading.
ソース: CNBC - 🏆 12. / 72 続きを読む »