Salesforce.com Earnings Preview

Loading...
Loading...

Salesforce.com CRM announces its next round of earnings this Tuesday, August 25. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2earnings announcement.

Earnings and Revenue

Salesforce.com EPS is expected to be around $0.67, according to sell-side analysts. Sales will likely be near $4.90 billion. Salesforce.com EPS in the same period a year ago totaled $0.66. Sales were $4.00 billion. If the company were to match the consensus estimate, earnings per share would be up 1.52%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.69 0.55 0.66 0.47
EPS Actual 0.70 0.66 0.75 0.66
Revenue Estimate 4.85 B 4.75 B 4.45 B 3.95 B
Revenue Actual 4.87 B 4.85 B 4.51 B 4.00 B

Stock Performance

Over the last 52-week period, shares are up 35.64%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Salesforce.com is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.salesforce.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2399463&sessionid=1&key=83EDB6701B87B77F295741B0149543C1&regTag=&sourcepage=register

Market News and Data brought to you by Benzinga APIs
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsTech
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...