Salesforce Stock Rises After EPS Beats Estimates, Upbeat Q4 Outlook

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Salesforce Stock Rises After EPS Beats Estimates, Upbeat Q4 Outlook

Salesforce is the best-performing stock in the Dow industrials this year.

Salesforce is the best-performing stock in the Dow industrials this year. (Paulo Nunes dos Santos/Bloomberg News)

Shares of Salesforce rose in after-hours trading after the business-software company reported quarterly earnings per share ahead of Wall Street’s projections.

Salesforce stock was recently up more than 6%, after rising 2.4% in the regular session. The shares were up 74% in 2023 through Wednesday’s close, aided by a boosted outlook for profitability released earlier this year that was driven by an efficiency push.

Here’s a roundup of some high-level numbers from the report, compared with Wall Street’s expectations, according to FactSet:

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