Salesforce Set to Report Q2 Earnings Amid Expectations of Continued Growth

Salesforce (CRM) is set to announce its Q2 earnings on Wednesday after market hours. Last quarter, the software giant beat analysts' revenue expectations with revenues of $11.13 billion, a 13.3% year-over-year increase.

This time around, investors are expecting a 10.7% year-on-year revenue growth, which is in line with the 9.8% increase recorded in the same quarter last year.

Analysts have generally reconfirmed their estimates over the past 30 days, suggesting they anticipate Salesforce to maintain its course heading into earnings. However, the company has missed Wall Street's revenue estimates multiple times over the last two years.