salesforce.com

Salesforce.com (CRM) Tops Q3 Earnings and Revenue Estimates

Zacks Equity Research
Tue, November 30, 2021, 11:25 PM·3 min read

Salesforce.com (CRM) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 38.04%. A quarter ago, it was expected that this customer-management software developer would post earnings of $0.91 per share when it actually produced earnings of $1.48, delivering a surprise of 62.64%.

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 $6.86 billion for the quarter ended October 2021, surpassing the Zacks Consensus Estimate by 1.10%. This compares to year-ago revenues of $5.42 billion.


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