salesforce.com, inc (NYSE: CRM ) is expected to report Q1 earnings on May 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict salesforce.com, inc's revenues will grow 27.6% and EPS will expand 11.1%.
The average estimate for revenue is $887.4 million. On the bottom line, the average EPS estimate is $0.10.
Last quarter, salesforce.com, inc logged revenue of $834.7 million. GAAP reported sales were 32% higher than the prior-year quarter's $631.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.13. GAAP EPS were -$0.04 for Q4 compared to -$0.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 78.0%, 40 basis points worse than the prior-year quarter. Operating margin was -2.5%, 150 basis points worse than the prior-year quarter. Net margin was -2.5%, 190 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.87 billion. The average EPS estimate is $0.50.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on salesforce.com, inc is outperform, with an average price target of $44.65.
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