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Salesforce's stock is up 7% after beating Wall Street's expectations

Rosalie ChanAug 23, 2019, 01:49 IST

Marc Benioff, CEO of SalesforceREUTERS/Andrew Kelly

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Salesforce's stock popped 7% in after market trading Thursday after the cloud software company topped Wall Street expectations and delivered a rosy forecast for the current quarter.

Here's what Salesforce reported:

EPS (adjusted): $0.66. Analysts forecasted $0.47.
Revenue: $4 billion. Wall Street expected $3.95 billion.
EPS (next quarter): $0.65 to $0.66. Analysts predicted $0.61.
Revenue (next quarter):$4.44 billion to $4.45 billion. Wall Street expected $4.25 billion.

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Salesforce's stock is up 7% after beating Wall Street's expectations

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