Salesforce Q2 rev, EPS seen rising

Shares in Salesforce Inc CRM.N down ~0.2% on Wednesday ahead of the software company's Q2 results, which are due out after market close.

Wall Street sees CRM reporting adjusted EPS of $3.27 vs $2.91 in the year-ago quarter on revenue of $11.32 billion, which would be up 10.6% from $10.24 billion in Q2 2025, according to the latest data from LSEG.

In the last 8 quarters, CRM's EPS beat the Street seven times while revenue beat six times.

The company's Q2 revenue forecast, issued in late May, was below Wall Street estimates and fears about AI-driven disruption overshadowed a Q1 beat. Along with the entire software sector, shares in CRM have been volatile due to worries about competition from AI.

CRM shares ended Tuesday's session more than 44% below their last record close, which was on Dec. 4, 2024. Last down ~22% YTD vs. a ~2% decline for the S&P 500 software index .SPLRCIS, ~20% advance in the broader S&P 500 technology sector .SPLRCT, ~12% gain for benchmark S&P 500 index .SPX and ~11 rise in Dow Industrials .