Salesforce Earnings Preview: Can CRM Deliver Another Beat?

Salesforce Inc (NYSE:CRM) is set to release its second-quarter financial results on Wednesday after market close. The company has a history of beating analyst estimates for revenue and earnings per share, but investors have been cautious due to the stock's performance following previous earnings reports.

According to data from Benzinga Pro, analysts expect Salesforce to report second-quarter revenue of $11.32 billion, up 10% year-over-year, and earnings per share of $3.27, a 13% increase from last year's second quarter.

Freedom Capital Markets Chief Market Strategist Jay Woods notes that Salesforce stock has traded lower after five of the last eight earnings reports, with investors seeking evidence of growth acceleration in areas such as Agentforce and Data 360.