Salesforce.com: Here’s What Investors Need to Know Before Earnings
Salesforce.com (NYSE:CRM) will report earnings after markets close on Thursday, May 23rd. Salesforce.com, Inc. provides software on demand. The Company supplies a customer relationship management service to businesses worldwide providing a technology platform for customers and developers to build and run business applications. Clients use Salesforce.com to manage their customer, sales and operational data.
Here is your Cheat Sheet to Salesforce.com Earnings:
Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $887.08 million.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.12 and has not changed. For the current year, the average estimate is a profit of $0.49, which is the same as the estimate ninety days ago.
Here’s how Salesforce.com has been performing on an annual basis:
|Revenue ($) in millions||1,077||1,306||1,657||2,267||3,050|
|Diluted EPS ($)||0.09||0.16||0.12||-0.02||-0.48|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||695.47||731.65||788.40||834.68|
|Diluted EPS ($)||-0.04||-0.02||-0.39||-0.04|
Salesforce.com has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)