By Kathryn Hardison

 

Salesforce Inc. on Wednesday raised its full-year outlook for adjusted earnings per share and provided fourth-quarter guidance.

The customer relations cloud software company now expects adjusted earnings per share to be between $4.92 to $4.94, compared with the prior forecast for between $4.71 to $4.73 per share.

The company maintained its fiscal year outlook for revenue between $30.9 billion to $31 billion.

Salesforce also guided for fourth-quarter revenue between $7.93 billion to $8.03 billion, representing between 8% to 10% growth from a year ago. Analysts polled by FactSet expected fourth-quarter sales to be $8.02 billion.

Adjusted earnings per share for the quarter are expected to be between $1.35 to $1.37.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

November 30, 2022 16:44 ET (21:44 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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