Wall Street analysts expect Salesforce.com (CRM) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 34.5%. Revenues are expected to be $9.21 billion, up 9.9% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to gi ...

Salesforce (CRM) is scheduled to release fourth-quarter fiscal 2024 results on Feb 28.For the fiscal fourth quarter, the company projects total revenues between $9.18 billion and $9.23 billion (midpoint $9.205 billion). Non-GAAP earnings are expected between $2.25 and $2.26 per share.The Zacks Consensus Estimate for revenues is pegged at $9.21 billion, indicating an increase of 9.9% from the year-ago quarter’s reported figure. The consensus mark for earnings is pegged at $2.26 per share, implying a year-ove ...

Earnings season for the fourth and final quarter of 2023 is drawing to a close, with many big names having already reported. Earnings season has been strong so far. In fact Q4 has proven to be the strongest quarter of 2023. With 79% of companies in the S&P 500 index having reported their financial results, 75% reported better-than-expected earnings and 65% beat expectations on revenue, according to FactSet. The strong financial results across Corporate America have helped to sustain the stock market rally a ...

Cloud computing remains one of the fastest growing areas of tech. The global cloud computing market is forecast to grow from about $500 billion today to $2.49 trillion by 2032. As organizations and individuals produce more data, the need for cloud computing data storage will grow in the coming years. Further, artificial intelligence (AI) is expected to supercharge demand for cloud computing moving forward. With so much demand and growth, big opportunity are afoot for investors who want to gain exposure to c ...

Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this customer-management software developer have returned +3.4%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Computer - Software industry, which Salesforce.com falls in, has gained 1.5%. The key question now is: What could be the stock's future d ...

Fool.com contributor Parkev Tatevosian predicts where Salesforce (CRM 0.96%) stock could be by the end of the year.*Stock prices used were the afternoon prices of Feb. 13, 2024. The video was published on Feb. 15, 2024. ...

SOPA Images/LightRocket via Getty Images Salesforce (NYSE:CRM) is one of the most compelling investments to make for exposure to AI at this time, particularly for retail applications. It is tempting to totally ignore the valuation risk based on the exceptional results so far and the expected high market growth in the future. However, we must be aware of market risks, as over-allocating to CRM could prove costly. Einstein AI Salesforce's Einstein AI is its comprehensive artificial intelligence technology ...

Key PointsEquities in general are rallying hard, with tech particularly benefiting from the return of risk-on sentiment. Salesforce is within striking distance of a new all-time high but remains attractively valued. MongoDB has been rallying since 2022 and is also within striking distance of a record close. 5 stocks we like better than SalesforceWith the risk-on sentiment that started last November continuing to sweep equity markets, it's a good time to be buying stocks. Increasing hopes for a rate cut amid ...

In the latest market close, Salesforce.com (CRM) reached $287.32, with a -1.37% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.Shares of the customer-management software developer have appreciated by 7.12% over the course of the past month, underperforming the Computer and Technology sector's gain of 11.35% and outperforming the S&P 500's gain of 5.78%.The upc ...

Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this customer-management software developer have returned +7.6%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Computer - Software industry, which Salesforce.com falls in, has gained 10.7%. The key question now is: What could be the stock's future ...