DocuSign, Inc. DOCU shares are trading higher Thursday. The stock may be up in sympathy with Salesforce, which gained following strong second-quarter results.
What To Know: Salesforce posted excellent second-quarter earnings results on Wednesday. The company reported quarterly earnings of $2.12 per share which beat the analyst consensus estimate of $1.90, a 78.15% increase over earnings of $1.19 per share from the same period last year. The company reported quarterly sales of $8.60 billion which beat the analyst consensus estimate of $8.52 billion, a 11.40% increase over sales of $7.72 billion the same period last year.
DocuSign is set to report second-quarter earnings on Sep. 7. Earnings are expected to be reported at 66 cents per share while revenue is estimated at $677.56 million.
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DOCU Price Action: Shares of DOCU were up 2.88% at $50.29 at the time of publication, according to Benzinga Pro.
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