Core Insights - Salesforce (NYSE: CRM) is expected to announce earnings on September 3, 2025, with historical data indicating a 53% likelihood of a negative one-day return post-earnings, averaging a drop of -5.5% [2][8] - Consensus estimates predict earnings of $2.78 per share on revenue of $10.14 billion, an increase from $2.56 per share and $9.32 billion in the same quarter last year [3] - Salesforce has a market capitalization of $240 billion, with $39 billion in revenue, $7.9 billion in operating profit, and $6.2 billion in net income over the last twelve months [4] Historical Performance - Over the past five years, Salesforce has recorded 19 earnings data points, with 9 positive and 10 negative one-day returns, resulting in a 47% occurrence of positive returns [8] - The median of positive returns is 5.4%, while the median of negative returns is -5.5% [8] - The likelihood of positive returns drops to 45% when considering data from the last three years [8] Trading Strategies - Traders can utilize historical probabilities to inform pre-earnings positions or wait for the earnings report to assess immediate and medium-term returns for post-earnings trading decisions [7] - A strategy involving the correlation between short-term (1D) and medium-term (5D) returns can be beneficial, particularly if a strong correlation exists [9] Peer Performance - The performance of peers can influence Salesforce's stock reaction post-earnings, with historical insights indicating that peer stock performance may impact pricing prior to the earnings announcement [10]