Salesforce Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Salesforce (NYSE:CRM) is set to release its first-quarter financial results after the closing bell on Wednesday. Analysts expect earnings of $2.38 per share and revenue of $9.15 billion. IBM is exploring the use of its Granite model series on Salesforce's Einstein 1 platform. Salesforce shares fell 0.9% to $269.83 on Tuesday. Analysts have recently revised their ratings and price targets for Salesforce.
May 29, 2024 | 2:56 pm
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Salesforce is set to release its Q1 financial results with expected earnings of $2.38 per share and revenue of $9.15 billion. IBM is exploring the use of its Granite model series on Salesforce's Einstein 1 platform. Analysts have revised their ratings and price targets for Salesforce.
The upcoming earnings report and the expected positive financial results are likely to have a positive impact on Salesforce's stock price. Additionally, the partnership with IBM to integrate the Granite model series into the Einstein 1 platform could enhance Salesforce's AI capabilities, further boosting investor confidence. The recent analyst ratings and price target revisions also indicate a generally positive outlook for the stock.
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