Salesforce stock closes 1.74% higher on Tuesday

Salesforce (CRM) closed at $298.89 on Tuesday, 1.74% higher on the day.

Salesforce’s stock price has increased 12.04% so far this year, less than the 12.06% advance registered by the overall Dow Jones Industrial Average (DJIA) index.

On Tuesday, the DJIA fell by 0.36% to close at 42,233.1 points. The three leaders were Salesforce (CRM), Microsoft (MSFT) and Boeing (BA), while the three laggards were Home Depot (HD), Coca-Cola (KO) and Travelers (TRV).

Back to Salesforce, its latest earnings report from fiscal Q2 showed that earnings per share (EPS) were at $2.56. Revenue, meanwhile, stood at $9.33 billion.

The next earnings report for Salesforce will be published on November 27.

Analysts expect Salesforce’s earnings per share to come in at $2.45 for Q3, while revenue is seen at $9.35 billion.

(An automation tool was used in creating this post.)

Source: https://www.fxstreet.com/news/salesforce-stock-closes-174-higher-on-tuesday-202410292054