DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Download on the App Store
Screenshot of DeepNewz app showing story detail view.
Feb 28, 10:40 PM
Salesforce $CRM Earnings Move, Dividend Declared, Q4 Revenue Beat, FY 2025 Guidance Below Est.
Economics
Business

Salesforce $CRM Earnings Move, Dividend Declared, Q4 Revenue Beat, FY 2025 Guidance Below Est.

Authors
  • Reuters
  • CNBC
  • MarketWatch
14

Salesforce's $CRM options indicate a 7.5% move for earnings, with high weekly IV. The company declared a dividend. Shares slipped due to single-digit revenue growth guidance, disappointing outlook, and weak cloud demand. Q4 revenue was up 11% YoY to $9.29B, beating estimates but with FY 2025 revenue guidance below expectations. Salesforce forecasts annual revenue below estimates for fiscal 2025, citing weak client spending on cloud and business products. Adjusted fiscal first-quarter earnings are expected to be $2.37 to $2.39 per share, with revenue of $9.12 billion to $9.17 billion, surpassing analyst expectations.

Written with ChatGPT (GPT-3).

Additional media

Image #1 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #2 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #3 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #4 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #5 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #6 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #7 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #8 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #9 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #10 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy
Image #11 for story salesforce-crm-earnings-move-dividend-declared-q4-revenue-fy