Salesforce Earnings: Analysts Anticipate 12.4% YoY Growth, $11.33B in Revenues
Salesforce (CRM) is set to report its Q2 earnings on August 26. Analysts expect the company to earn $3.27 per share, a 12.4% year-over-year increase.
Revenues are expected to rise by 10.6% from the same quarter last year, reaching $11.33 billion. Options traders anticipate an 8.01% move in either direction for CRM stock following the earnings release.
The company's stock has declined 21% this year due to concerns over slowing growth and weaker demand in the enterprise software market. Investors will be closely monitoring management's comments on Agentforce adoption and enterprise IT spending, as well as whether AI tools can help push revenue growth back into double-digit territory.