Salesforce Prepares to Deliver Strong Q2 Earnings
Salesforce's Q2 earnings are just around the corner, and analysts are expecting another strong quarter for the CRM software giant.
Last quarter, Salesforce beat analyst revenue expectations with revenues of $11.13 billion, a 13.3% year-on-year increase.
This time around, market watchers predict a 10.7% year-over-year revenue growth, which aligns with the 9.8% increase in Q2 last year.
The company has historically missed Wall Street's revenue estimates, but analysts covering Salesforce have reaffirmed their estimates over the past 30 days, indicating they expect business to continue as usual.