Earnings Whispers - September 3, 2025

Summary for Wednesday, September 3, 2025

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A summary of guidance and results for the day, with a list of top surprises
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Top Earnings News

Salesforce Beat Expectations

Logo for SalesforceSalesforce (CRM) reported earnings of $2.91 per share on revenue of $10.24 billion for the fiscal second quarter ended July 2025. The consensus earnings estimate was $2.78 per share on revenue of $10.13 billion. The Earnings Whisper number was $2.83 per share. The company beat expectations by 2.83% while revenue grew 9.77% on a year-over-year basis.

The company said it expects third quarter non-GAAP earnings of $2.84 to $2.86 per share on revenue of $10.24 billion to $10.29 billion. The current consensus earnings estimate is $2.85 per share on revenue of $10.29 billion for the quarter ending October 31, 2025. The company said it expects fiscal 2026 non-GAAP earnings of $11.33 to $11.37 per share on revenue of $41.10 billion to $41.30 billion. The company's previous guidance was earnings of $11.27 to $11.33 per share on revenue of $41.00 billion to $41.30 billion and the current consensus earnings estimate is $11.27 per share on revenue of $41.15 billion for the year ending January 31, 2026.

“We delivered an outstanding quarter to close out the first half of the year, with strong performance across revenue, margin, cash flow, and cRPO—and we remain on track for fiscal 2026 to be a record year with nearly $15 billion in operating cash flow,” said Marc Benioff, Chair and CEO, Salesforce. “These results reflect the success of our customers—like Pfizer, Marriott, and the U.S. Army—who are transforming into agentic enterprises, where humans and AI agents work side by side to reimagine workflows, accelerate productivity, and deliver customer success.”

Salesforce helps organizations of any size reimagine their business for the world of AI.

Chart for Salesforce

Positive Guidance

Credo Sees Revenue Above Estimates

Logo for Credo Technology Group Holding LtdCredo Technology Group Holding Ltd (CRDO) said it expects second quarter revenue of $230.0 million to $240.0 million. The current consensus revenue estimate is $198.25 million for the quarter ending October 31, 2025.

Credo is a leading provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence, and high-performance computing markets.

Chart for Credo Technology Group Holding Ltd

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Negative Guidance

C3.ai Sees Revenue Below Estimates

Logo for C3.ai, Inc. C3.ai, Inc. (AI) said it expects second quarter revenue of $72.0 million to $80.0 million. The current consensus revenue estimate is $95.85 million for the quarter ending October 31, 2025.

C3 AI is the Enterprise AI application software company.

Chart for C3.ai, Inc.

Other Top Guidance Announcements

TLYSTilly's Provides Mixed Guidance
ASANAsana Raises Earnings Guidance
MMacy's Raises Guidance but Remains In-line with Estimates
GTLBGitLab Raises Earnings Guidance
PDPagerDuty Raises Earnings Guidance and Narrows Revenue Outlook
CXMSprinklr Raises Guidance
DLTRDollar Tree Raises Guidance but Earnings Remain In-line with Estimates
HPEHewlett Packard Enterprise Guides Earnings In-line with Estimates but Sees Revenue Below
CHPTChargePoint Guides Below Estimates
CPBCampbell's Sees Earnings Below Estimates
REVGREV Group Narrows Guidance
FIGFigma Sees Revenue Above Estimates

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Positive Surprise

Tilly's Beat Consensus Estimates

Logo for Tillys IncTilly's (TLYS) reported earnings of $0.10 per share on revenue of $151.26 million for the fiscal second quarter ended July 2025. The consensus estimate was a loss of $0.04 per share on revenue of $154.00 million. The company beat consensus estimates by 350.00% while revenue fell 7.13% compared to the same quarter a year ago.

The company said it expects a third quarter loss of $0.35 to $0.23 per share on revenue of $134.0 million to $140.0 million. The current consensus estimate is a loss of $0.37 per share on revenue of $141.10 million for the quarter ending October 31, 2025.

Tilly' Inc is a growing destination specialty retailer of action sports inspired apparel, footwear and accessories. Its registered trademarks include Ambitious, Blue Crown, Division 7 and Eldon.

Chart for Tillys Inc

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Negative Surprise

Figma, Inc. Missed Consensus Estimates

Logo for Figma, Inc. Figma, Inc. (FIG) reported a loss of $0.07 per share on revenue of $249.64 million for the second quarter ended June 2025. The consensus earnings estimate was $0.08 per share on revenue of $248.97 million. The company missed consensus estimates by 187.50%.

The company said it expects third quarter revenue of $263.0 million to $265.0 million and 2025 revenue of $1.021 billion to $1.025 billion. The current consensus revenue estimate is $258.30 million for the quarter ending September 30, 2025 and revenue of $1.01 billion for the year ending December 31, 2025.

Figma is where teams come together to turn ideas into the world’s best digital products and experiences.

Chart for Figma, Inc.

A calendar showing logos of companies scheduled to report earnings on the next business day.

Broadcom is Expected to Beat Estimates

Logo for Broadcom Inc.Broadcom (AVGO) is confirmed to report earnings on Thursday, September 4, 2025 at approximately 4:15 PM ET. The consensus earnings estimate is $1.67 per share on revenue of $15.82 billion, respresenting 21.0% year-over-year revenue growth, and the Earnings Whisper ® number is $1.70 per share. Investors are 52.2% bullish going into the company's earnings release. Option traders are pricing in a 6.9% move on earnings and the stock has averaged a 11.3% move in recent quarters.

Chart for Broadcom Inc.

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A list showing logos of companies scheduled to report earnings on the next business day based on expected moves.


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