Salesforce (NYSE:CRM) reported its Q1 earnings results on Tuesday, May 31, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Salesforce beat estimated earnings by 4.26%, reporting an EPS of $0.98 versus an estimate of $0.94.
Revenue was up $1.45 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 0.72% increase in the share price the next day.
Here's a look at Salesforce's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.75 | 0.92 | 0.92 | 0.88 |
| EPS Actual | 0.84 | 1.27 | 1.48 | 1.21 |
| Revenue Estimate | 7.24B | 6.80B | 6.24B | 5.89B |
| Revenue Actual | 7.33B | 6.86B | 6.34B | 5.96B |
To track all earnings releases for Salesforce visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
