Salesforce Set to Report Q2 Earnings Amid Revenue Growth Expectations
Salesforce (NYSE:CRM), a leading CRM software giant, is set to announce its Q2 earnings results on Wednesday after market hours.
Last quarter, Salesforce beat analysts' revenue expectations with revenues of $11.13 billion, up 13.3% year-over-year.
This quarter, analysts expect the company's revenue growth to be in line with last year's 9.8%, at a rate of 10.7% year-on-year.
Despite missing Wall Street's revenue estimates multiple times over the past two years, Salesforce has exceeded full-year EPS guidance and analyst billings estimates.