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Salesforce (CRM) Tops Q4 EPS by 29c; Raises Outlook

February 25, 2021 4:09 PM

Salesforce (NYSE: CRM) reported Q4 EPS of $1.04, $0.29 better than the analyst estimate of $0.75. Revenue for the quarter came in at $5.82 billion versus the consensus estimate of $5.68 billion.

"We never could have predicted a year ago what was in store, which makes me incredibly proud of how well we pivoted our company to adapt to this pandemic world,” said Marc Benioff, Chair & CEO of Salesforce. “We had a record quarter and year by innovating more and faster than ever, enabling our customers to be successful from anywhere, and becoming more relevant and strategic than ever. And we continued to serve all of our stakeholders in a time when they needed it most.”

GUIDANCE:

Salesforce sees FY2022 EPS of $3.39-$3.41. Salesforce sees FY2022 revenue of $25.65-25.75 billion, versus the consensus of $25.41 billion.

Salesforce sees Q1 2022 EPS of $0.88-$0.89, versus the consensus of $0.76. Salesforce sees Q1 2022 revenue of $5.875-5.885 billion, versus the consensus of $5.72 billion.

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

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