Salesforce (CRM) Tops Q1 EPS by 32c, Offers Q2 and FY Guidance

Salesforce (NYSE: CRM) reported Q1 EPS of $0.93, $0.32 better than the analyst estimate of $0.61. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.68 billion.

GUIDANCE:

Salesforce sees Q2 2020 EPS of $0.46-$0.47, versus the consensus of $0.66. Salesforce sees Q2 2020 revenue of $3.94-3.95 billion, versus the consensus of $3.94 billion.

Salesforce sees FY2020 EPS of $2.88-$2.90, versus the consensus of $2.69. Salesforce sees FY2020 revenue of $16.1-16.25 billion, versus the consensus of $16.1 billion.

For earnings history and earnings-related data on Salesforce (CRM) click here.

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