Salesforce Raises Fiscal Year Adjusted EPS View, Guides for 4Q
November 30 2022 - 4:59PM
Dow Jones News
By Kathryn Hardison
Salesforce Inc. on Wednesday raised its full-year outlook for
adjusted earnings per share and provided fourth-quarter
guidance.
The customer relations cloud software company now expects
adjusted earnings per share to be between $4.92 to $4.94, compared
with the prior forecast for between $4.71 to $4.73 per share.
The company maintained its fiscal year outlook for revenue
between $30.9 billion to $31 billion.
Salesforce also guided for fourth-quarter revenue between $7.93
billion to $8.03 billion, representing between 8% to 10% growth
from a year ago. Analysts polled by FactSet expected fourth-quarter
sales to be $8.02 billion.
Adjusted earnings per share for the quarter are expected to be
between $1.35 to $1.37.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
November 30, 2022 16:44 ET (21:44 GMT)
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