🌟 Salesforce $CRM+0.9% announces results tomorrow!
🚀 Salesforceas the leader in customer relationship management software (CRM)is delivering strong financial results and continues to innovate. The last four quarters have exceeded analysts' expectations.
Salesforce
CRM📊 For the first quarter ,Salesforceexpects revenue between $9.12 billion and $9.17 billion and non-GAAP earnings between $2.37 and $2.39 per share. The consensus analyst estimate predicts revenue of $9.14 billion and earnings of $2.38 per share, which would represent a year-over-year increase of 40,8 %.
In the most recent quarter ,Salesforcehad revenue of$9.26 billion, an increase of 11 %, and earnings per share increased by 36 % Strong demand for cloud-based CRM solutions and strategic acquisitions contributed to this growth.
For the fiscal year 2025 Salesforce is projecting revenue between US$37.7 billion to US$38 billion for fiscal 2015. This suggests confidence in continued growth in market share and customer base. The focus on innovation, particularly in AI and automation, supports this positive outlook.
The company benefits from collaborations with technology giants such as IBM, Amazon AWS and Google Cloud. These partnerships strengthen its technology capabilities and market position, ensuring continued growth.
Salesforce is a leader in CRMcompeting with companies such as Microsoft a Oracle. Its comprehensive suite of CRM applications and extensive partner ecosystem give it a significant advantage.
What do you think of Salesforce and what results do you expect?
I'll keep an eye on it. I'm interested even though I don't have the stock in my portfolio. There could be some outperformance. The stock could use a lot of help after the downturn it is now experiencing :)