Investing.com - Salesforce.com (NYSE:CRM) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Salesforce.com announced earnings per share of $1.74 on revenue of $5.42B. Analysts polled by Investing.com anticipated EPS of $0.747 on revenue of $5.25B.
Salesforce.com shares are up 48.35% from the beginning of the year and are trading at $241.28 , down-from-52-week-high.They are outperforming the Dow Jones which is up 4.5% from the start of the year.
Salesforce.com follows other major Technology sector earnings this month
Salesforce.com's report follows an earnings beat by NVIDIA on Wednesday, November 18, 2020, who reported EPS of $2.91 on revenue of $4.73B, compared to forecasts EPS of $2.58 on revenue of $4.42B.
Cisco had beat expectations on Thursday, November 12, 2020 with first quarter EPS of $0.76 on revenue of $11.93B, compared to forecast for EPS of $0.7049 on revenue of $11.85B.
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