|
|
News Breaks | | | | February 28, 2013 | | 12:39 EDT |  | CRM | Earnings Preview: Salesforce.com shares up over 13% since last earnings report
Salesforce.com (CRM) is expected to report Q4 earnings after the market close on Thursday, February 28 with a conference call scheduled for 5:00 pm ET. Salesforce.com is a provider of enterprise cloud computer and social enterprise solutions... EXPECTATIONS: Analysts are looking for EPS of 40c on revenue of $830.85M. The consensus range is 38c-46c for EPS, and $825M-$840M for revenue, according to First Call... LAST QUARTER: Salesforce.com reported Q3 EPS 33c against estimates of 32c on revenue of $788M against estimates of $776.52M. The company gave Q4 EPS guidance of 38c-40c and Q4 revenue $825M-$830M. It also gave FY13 EPS guidance of $1.50-$1.52 and FY13 revenue $3.04B-$3.05B. Salesforce.com expected FY14 revenue to reach $3.8B-$3.85B. During the Q3 conference call, Salesforce.com said reported Q4 deferred revenue will be lower than it was in recent quarters... STREET RESEARCH: After its Q3 earnings report, RW Baird said Salesforce.com is a core holding, citing its strong billings growth and new growth opportunities. Morgan Stanley also said the company's fundamentals remain strong while Pacific Crest said shares should actually be bought on weakness. FBR Capital said recent channel checks indicate Salesforce.com's robust momentum and is on track to deliver solid Q4 results. Despite facing arguably the toughest year-over-year comparisons, Oppenheimer also anticipates very good Q4 results. The analyst firm added that customers have been using the company's products as data integration solution and finds it to be a the best long-term growth investment in its SaaS/application software coverage universe... PRICE ACTION: Salesforce.com shares have gained more than 14% since the first day of trading following the company's Q3 report. In Thursday midday trading ahead of Q4 report, Salesforce.com shares are trading up almost 0.5%. | |
|
News For CRM From The Last 14 Days Check below for free stories on CRM the last two weeks. |
|
|
| May 17, 2013 | | 07:10 EDT |  | CRM | Salesforce.com outlook appears positive, says Oppenheimer
 Subscribe for More Information | | | 06:54 EDT |  | CRM | Salesforce.com May weekly volatility elevated at 73 into Q1 and outlook
Salesforce.com May weekly call option implied volatility is at 73, June is at 38, August is at 33; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on May 23. | | | May 16, 2013 | | 09:38 EDT | | CRM, CRM | Salesforce.com partners met or beat expectations for Q1, says OTR Global
OTR Global's said Salesforce.com's partners have met or beat Q1 2014 business expectations driven by the Force.com platform. | | | 09:33 EDT | | CRM, CRM | Salesforce.com mentioned positively at OTR Global
Subscribe for More Information | | | May 14, 2013 | | 07:43 EDT | | CRM | Salesforce.com June volatility flat into Q1 and outlook
Subscribe for More Information | | | May 9, 2013 | | 15:06 EDT |  | CRM | Brown Advisory reports 5.0% passive stake in Salesforce.com
Subscribe for More Information | | | 08:56 EDT | | CRM | Morgan Stanley remains buyers of Salesforce.com
Subscribe for More Information | | | May 8, 2013 | | 10:49 EDT | | CRM | Salesforce.com May volatility low at 24
Salesforce.com May call option implied volatility is at 24, June is at 34, August is at 32; compared to its 26-week average of 35 according to Track Data, suggesting decreasing near term price movement. | | | 10:40 EDT | | CRM | Salesforce.com, Yelp rumored as potential Sohn short mentions, Kass says
Subscribe for More Information | |
|
|
|
|
|
|
