Reported 4 months ago
Salesforce.com (CRM) reported earnings of $2.44 per share for the first quarter, surpassing the Zacks Consensus Estimate of $2.38 per share. This marks a significant increase from the earnings of $1.69 per share from the previous year. Despite missing the revenue estimate by 0.07%, the company has exceeded consensus revenue expectations three out of four times in the last year. Investors are now looking towards the company's future earnings outlook to gauge the potential impact on its stock performance, with current estimates standing at $2.40 per share for the next quarter and $9.71 billion in revenues for the fiscal year.
Source: YAHOO