Salesforce Inc (NYSE:CRM) shares are trading lower Thursday after the company reported second-quarter financial results and issued third-quarter guidance below estimates. Multiple analyst firms lowered price targets following the company’s quarterly results.
What Happened: Salesforce beat analyst estimates on the top and bottom lines in the second quarter, reporting revenue of $10.24 billion versus estimates of $10.14 billion, and adjusted earnings of $2.91 per share versus estimates of $2.78 per share.
