Market Overview, Keurig Green Mountain To Report Wednesday: Earnings Increase And Decline Expected

Share:, Keurig Green Mountain To Report Wednesday: Earnings Increase And Decline Expected
Related CRM
Insider Buys Of The Week: JPMorgan, Salesforce, Signet And More
18 Internet Stocks And What To Do With Them
Weekly Top Insider Buys Highlight for the Week of April —… (GuruFocus)
Related GMCR
Barclays: Combined Dr Pepper Snapple, Keurig Are Undervalued
A Look At David Einhorn's Recent Short Calls

  •, inc. (NYSE: CRM) and Keurig Green Mountain Inc (NASDAQ: GMCR) are scheduled to announce their quarterly financial results after the market closes on Wednesday.
  • According to Estimize, the Street is expecting to see a 35 percent year-over-year increase in salesforce’s earnings.
  • On the other hand, Keurig Green Mountain is expected to deliver a 21 percent decline year-over-year.
  • Salesforce

    Experts on Wall Street are expecting the tech company to report a 35 percent year-over-year increase in earnings to $0.19 per share, up from $0.14 per share last year.

    Related Link: 2 Retail Earnings Calls To Watch On Tuesday

    Management also guided for earnings in the $0.18 to $0.19 per share range, while the crowd is modeling earnings of $0.20 per share.

    It should be noted from the chart above, however, that salesforce has tended to beat earnings estimates over the past couple of years.

    Revenue is also expected to surge, from $1.384 billion in the third quarter of last year to at least $1.69 billion this year – management guided for sales of $1.69 billion to $1.7 billion.

    The Street, for its part, projects revenue of $1.701 billion, and the crowd envisions sales of $1.711 billion.

    Keurig Green Mountain

    The famed coffee roaster is expected to deliver a substantial decline in earnings, from $0.90 per share a year ago to $0.71 per share this year – this is the consensus estimate for both the Street and the crowd. Both predict a decline below guidance of $0.70 to $0.75 per share.

    Experts and the crowd are projecting revenue to fall as well, from $1.195 billion last year, to $1.03 billion and $1.025 billion, respectively, this year.

    However, it should be noted that the company has tended to beat estimates over the past eight quarters.

    Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

    Image Credit: Public Domain

    Latest Ratings for CRM

    Apr 2018Monness Crespi HardtInitiates Coverage OnBuy
    Mar 2018BarclaysMaintainsOverweightOverweight
    Mar 2018Morgan StanleyMaintainsOverweightOverweight

    View More Analyst Ratings for CRM
    View the Latest Analyst Ratings

    Posted-In: Analyst Color Earnings Previews Crowdsourcing Analyst Ratings Tech Trading Ideas General


    Related Articles (GMCR + CRM)

    View Comments and Join the Discussion!