Earnings Preview: Salesforce
Portfolio Pulse from Benzinga Insights
Salesforce (NYSE:CRM) is set to release its latest quarterly earnings report on May 31, 2023. Analysts estimate an EPS of $1.61. Last quarter, the company beat EPS by $0.31, resulting in an 11.5% share price increase the next day. Shares are currently trading at $215.44 and have risen 24.8% over the last 52 weeks.
May 30, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Salesforce is expected to report an EPS of $1.61 for the latest quarter. Last quarter, the company beat EPS estimates, resulting in an 11.5% share price increase. Shares are currently trading at $215.44.
Salesforce's stock price may be impacted by the upcoming earnings report. Last quarter, the company beat EPS estimates, which led to an 11.5% share price increase. However, it is important to note that guidance or forecast can also affect the stock price. Given the current trading price of $215.44 and a 24.8% increase over the last 52 weeks, long-term shareholders are likely bullish going into this earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100