News 

Salesforce earnings top estimates, but forecast disappoints

“For the year, Salesforce sees adjusted earnings of $2.89 to $2.90 a share on revenue of $16.99 billion to $17 billion” writes Wallace Witkowski for marketwatch.com. Analysts surveyed by FactSet had forecast earnings of 67 cents a share on revenue of $4.45 billion.The company expects fiscal first-quarter revenue of $4.8 billion to $4.84 billion and revenue of $20.8 billion to $20.9 billion for fiscal 2021.Adjusted earnings were 75 cents a share.Salesforce.com Inc. earnings topped Wall Street estimates in a Tuesday report, but the cloud-software company’s outlook came in shy of consensus views.
 
Source: marketwatch.com



Related posts