Investors Heavily Search Salesforce, Inc. (CRM): Here is What You Need to Know

Core Viewpoint - Salesforce (CRM) has shown a positive stock performance recently, returning +1.6% over the past month, while the Zacks S&P 500 composite declined by -2.9% [1] Earnings Estimate Revisions - The consensus earnings estimate for Salesforce is $3.09 per share for the current quarter, reflecting a year-over-year increase of +19.8% and a +5.7% change over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is $13.12, indicating a +4.8% change from the previous year, with a slight decrease of -0.5% in the last 30 days [4] - The next fiscal year's consensus earnings estimate is $14.68, showing an increase of +11.9% from the prior year, with a +0.6% change over the past month [5] - Salesforce holds a Zacks Rank 3 (Hold), indicating a neutral outlook based on recent changes in earnings estimates and other related factors [6] Revenue Growth Forecast - The consensus sales estimate for Salesforce is $11.06 billion for the current quarter, representing a year-over-year growth of +12.5% [10] - For the current fiscal year, the sales estimate is $46.05 billion, indicating a +10.9% change, while the next fiscal year's estimate is $50.32 billion, reflecting a +9.3% change [10] Last Reported Results and Surprise History - In the last reported quarter, Salesforce achieved revenues of $11.2 billion, a +12.1% increase year-over-year, and an EPS of $3.81 compared to $2.78 a year ago [11] - The company exceeded the Zacks Consensus Estimate for revenues by +0.32% and for EPS by +25.74% [11] - Salesforce has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times during this period [12] Valuation - Salesforce is graded C on the Zacks Value Style Score, indicating it is trading at par with its peers [16]