Company news: Salesforce’s (CRM) quarterly results top analysts’ estimates

Salesforce (CRM) reported Q2 FY2025 earnings of $2.56 per share (versus $2.12 per share in Q2 FY2024), beating analysts’ consensus estimate of $2.35 per share.

The company’s quarterly revenues amounted to $9.330 bln (+8.5% y/y), beating analysts’ consensus estimate of $9.216 bln.

The company also issued guidance for Q3 FY2025, seeing EPS of $2.42-$2.44 versus analysts’ consensus estimate of $2.42 and revenues of $9.31-$9.36 bln versus analysts’ consensus estimate of $9.4 bln.

For FY2025, Salesforce guided to EPS of $10.03-$10.11 versus analysts’ consensus estimate of $9.89 and revenues of $37.7-$38.0 bln versus analysts’ consensus estimate of $37.79 bln.

CRM rose to $272.00 (+5.06%) in pre-market trading.