Salesforce Smashes Q2 Earnings Estimates on Strong AI Demand
Salesforce Inc., trading under the NYSE ticker CRM, exceeded Wall Street's second-quarter expectations in a significant way. The company reported adjusted earnings per share of $5.90, easily beating the analyst estimate of $3.27 by $2.63.
Revenue reached $11.3 billion, matching the consensus estimate and rising 11% year-over-year. Salesforce raised its full-year fiscal 2027 revenue guidance to $46.1 billion to $46.4 billion, representing 11%-12% growth from last year.
The company also lifted its full-year adjusted EPS guidance to $16.67-$16.71, well above the consensus of $14.16. 'We just delivered one of our best quarters ever, outperforming across every key metric,' said Marc Benioff, Chair and CEO. 'AI is delivering value across every layer of our platform.'