Salesforce.com (NYSE:CRM) reported its Q3 earnings results on Tuesday, November 30, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Salesforce.com beat estimated earnings by 38.04%, reporting an EPS of $1.27 versus an estimate of $0.92, which surprised analysts.
Revenue was up $1,444,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.56, which was followed by a 2.66% increase in the share price the next day.
Here’s a look at Salesforce.com’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.92 | 0.88 | 0.75 | 0.75 |
| EPS Actual | 1.48 | 1.21 | 1.04 | 1.74 |
| Revenue Estimate | 6.24B | 5.89B | 5.68B | 5.25B |
| Revenue Actual | 6.34B | 5.96B | 5.82B | 5.42B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.