Company Performance - Salesforce.com (CRM) ended the recent trading session at $256.64, showing a -2.57% change from the previous day's closing price, which lagged behind the S&P 500's daily loss of 0.53% [1] - Prior to the recent trading session, shares of Salesforce.com had gained 7.71%, outperforming the Computer and Technology sector's gain of 1.25% and the S&P 500's gain of 1.13% [1] Upcoming Earnings - Salesforce.com is projected to report earnings of $2.85 per share, representing year-over-year growth of 18.26%, with expected revenue of $10.26 billion, showing an 8.68% increase compared to the year-ago quarter [2] - Full-year Zacks Consensus Estimates call for earnings of $11.35 per share and revenue of $41.21 billion, indicating year-over-year changes of +11.27% and +8.76%, respectively [3] Analyst Estimates and Valuation - The Zacks Consensus EPS estimate has seen a 1.8% increase over the last 30 days, with Salesforce.com currently holding a Zacks Rank of 3 (Hold) [5] - Salesforce.com has a Forward P/E ratio of 23.22, which is lower than the industry average Forward P/E of 28.81, indicating it is trading at a discount [6] - The company has a PEG ratio of 1.67, compared to the Computer - Software industry's average PEG ratio of 2.1 [7] Industry Context - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 145, placing it in the bottom 42% of all 250+ industries [8]
Why Salesforce.com (CRM) Dipped More Than Broader Market Today