Salesforce Boosts Q3 Earnings Guidance, Exceeds Consensus Estimates
Salesforce updated its Q3 2027 earnings guidance on Wednesday morning, providing EPS guidance of $3.420-$3.440 for the period, compared to the consensus estimate of $3.160.
The company also issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion.
Salesforce's FY 2027 EPS guidance was updated to $16.670-$16.710.
A number of analysts have weighed in on CRM shares, with UBS Group upping its target price from $185 to $210 and giving the stock a 'neutral' rating.