Salesforce jumps as Q3 earnings top expectations
Salesforce jumped after-hours Wednesday as it posted earnings and guidance that beat analysts’ expectations. Its adjusted earnings per share came in at $3.25 for the third quarter of fiscal 2026, above the FactSet analyst consensus estimate of $2.86. Its revenue rose 9% to $10.3 billion, in line with expectations.
The software-as-a-service company issued fourth-quarter revenue guidance of $11.13 billion to $11.23 billion, well above the $10.9 billion analysts had predicted. It also forecast adjusted earnings of $3.02 to $3.04 per share, compared with analysts’ expectations of $3.04.
Shares were up 4.3% in recent trading.
“Our Agentforce and Data 360 products are the momentum drivers,” CEO Marc Benioff said in the press release.
Last quarter, Salesforce shares fell after the company issued disappointing third-quarter guidance. Coming into today’s report, the stock was down about 30% year to date.
Investors will be watching the earnings call closely for updates on the company’s AI strategy — particularly progress on Agentforce and broader adoption of its AI-driven cloud offerings.
