Salesforce.com CRM announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.
Earnings and Revenue
Based on management's projections, Salesforce analysts model for earnings of 33 cents per share on sales of $2.81 billion.
In the same quarter last year, Salesforce posted EPS of 28 cents per share on sales of $2.29 billion. If the company were to match the consensus estimate, earnings would be up 17.86 percent. Sales would be up 22.49 percent from the year-ago period.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.37 | 0.32 | 0.26 | 0.25 |
EPS Actual | 0.39 | 0.33 | 0.28 | 0.28 |
Stock Performance
Over the last 52-week period, shares are up 42.64 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Salesforce stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Salesforce's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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