Salesforce Set to Report Q2 Earnings: Revenue Growth and AI Expansion
Salesforce is set to release its Q2 earnings on August 26. The company expects total revenues between $11.27 billion and $11.35 billion, with a midpoint of $11.31 billion.
This represents an increase of 10.6% from the year-ago quarter's reported figure, according to the Zacks Consensus Estimate for second-quarter revenues.
Salesforce anticipates non-GAAP earnings per share in the band of $3.25-$3.27 for the second quarter. The consensus mark for non-GAAP earnings has remained unchanged at $3.27 over the past 60 days, which suggests a 12.4% jump from the year-ago quarter's level.
The company's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise being 17.3%.