Salesforce (CRM) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - The upcoming earnings report from Salesforce (CRM) is anticipated to show a quarterly earnings per share (EPS) of $3.03, reflecting a 9% increase year-over-year, with revenues expected to reach $11.17 billion, marking an 11.7% year-over-year growth [1] Revenue Estimates - Analysts project 'Revenues- Professional services and other' to be $558.68 million, indicating a year-over-year increase of 3.1% [3] - The estimated 'Revenues- Subscription and support' is $10.60 billion, representing a 12.2% increase from the previous year [4] - 'Revenues- Subscription and support- Agentforce Service' is expected to reach $2.58 billion, showing a 10.7% year-over-year change [4] - 'Revenues- Subscription and support- Agentforce Marketing and Agentforce Commerce' is forecasted at $1.43 billion, suggesting a 5.6% increase year-over-year [5] - The consensus for 'Revenues- Subscription and support- Agentforce 360 Platform, Slack and Other' stands at $2.24 billion, indicating a 16.7% year-over-year growth [5] - 'Revenues- Subscription and support- Agentforce Integration and Agentforce Analytics' is projected to be $2.05 billion, reflecting a 19.3% increase from the prior year [6] Geographic Revenue Estimates - 'Geographic Revenue- Americas' is expected to be $8.25 billion, indicating a significant year-over-year increase of 23.9% [6] - 'Geographic Revenue- Asia Pacific' is forecasted to reach $1.06 billion, reflecting a 6.5% increase from the previous year [7] - 'Geographic Revenue- Europe' is projected at $1.86 billion, indicating a year-over-year decline of 20.4% [7] Remaining Performance Obligation (RPO) - 'Remaining performance obligation (RPO) - Current' is estimated at $34.73 billion, up from $30.20 billion year-over-year [7] - 'Remaining performance obligation (RPO) - Total' is expected to be $72.61 billion, compared to $63.40 billion from the previous year [8] - 'Remaining performance obligation (RPO) - Noncurrent' is projected to reach $37.89 billion, up from $33.20 billion in the same quarter last year [8] Stock Performance - Salesforce shares have decreased by 18.8% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.8%, but the company holds a Zacks Rank 2 (Buy), indicating expected outperformance in the near term [9]