Salesforce (CRM) Stock Jumps 13% After Q2 Earnings Crush EPS Estimates
TLDR
- Salesforce posted adjusted EPS of $5.90, blowing past the $3.27 estimate by 80%
- Revenue hit $11.35 billion, up 11% year over year, in line with forecasts
- Free cash flow surged 81% to $1.1 billion
- CRM stock jumped 12.68% in after-hours trading to $231.70
- Full-year revenue guidance raised to $46.1 billion to $46.4 billion
Salesforce reported fiscal Q2 2027 results after the bell on Wednesday, posting earnings that came in well above what Wall Street expected. The stock jumped 12.68% in after-hours trading to $231.70, up from its regular session close of $205.62.
Adjusted EPS came in at $5.90, versus the analyst estimate of $3.27. That is an 80% beat, which is a large surprise for a company of this size.
Revenue for the quarter was $11.35 billion, up 11% year over year and matching the consensus forecast of $11.33 billion. This was a record quarterly revenue figure for the company.
SALESFORCE $CRM Q2โ27 EARNINGS HIGHLIGHTS
๐น Revenue: $11.3B (Est. $11.32B) ๐ก; +11% YoY
๐น Adj. EPS: $5.90 (Est. $3.27) ๐ข; +103% YoY
๐น GAAP EPS: $4.29; +119% YoY
๐น cRPO: $33.5B; +14% YoY CCโฆ Continue reading the full article at the original source below.
