Salesforce.com Expected to Earn 55 Cents a Share
Salesforce.com, inc. (CRM) - Get Salesforce Inc. Report is expected to report earnings of 55 cents a share on sales of $3.6 billion after the market closes Mar. 4, based on a FactSet survey of 39 analysts.
In the same period a year ago, the data services and software provider posted earnings of 35 cents a share on sales of $2.9 billion. The stock has risen 28.3% since the company last reported earnings on Nov. 27.
Quarterly estimates have fallen less than 1 cent a share in the past month. Salesforce.com is currently trading at a price-to-forward-earnings ratio of 58.2 based on the 12-month estimates of 44 analysts surveyed by FactSet.
TheStreet Recommends
The company offered guidance of 55 cents a share at the time of its last report.
Salesforce.com is a holding in Jim Cramer's Action Alerts portfolio. Want to be alerted before Jim Cramer buys or sells CRM? Learn more now.
