Authorization

Salesforce stock is taking a hit today after lighter guidance in yesterdays earnings report

In spite of a positive quarter with record revenue that beat analysts estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience.
The stock was down $8.29/share, or 4.58%, as of 2:15 pm ET.
The guidance, which was a projection for next quarters earnings, was lighter than what the analysts on Wall Street expected. While Salesforce was projecting revenue for next quarter in the range of $4.89 to $4.90 billion, according to CNBC, analysts had expected $5.03 billion.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«     2020    »
 12345
6789101112
13141516171819
20212223242526
2728293031