Monday, August 29

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Salesforce (CRM) Information Technology – Software | Reports August 29, after the close.

The Estimize consensus is looking for earnings of $0.24 per share on $2.0 billion in revenue, 2 cents higher than Wall Street on the bottom line and inline on the top. Compared to a year earlier, earnings are expected to increase by 25% with revenue increasing 24%. Despite decent growth expectations, EPS estimates have fallen by 6% since the last quarterly report, and revenue estimates have stayed flat. The stock is just about flat from the beginning of the year.

What to Watch: The leader in CRM software has continually reported double-digit gains in both revenue and profit. Strong growth has been fueled by key partnerships with big tech names such as Microsoft, organic sales growth in its cloud-based services, and the acquisition of smaller competitors which have been successfully integrated into their own suite. However, all of this M&A activity has investors worried that growth might be slowing for the company.

Salesforce is one of the leaders in cloud computing and SaaS services. The company’s pipeline of new initiatives continues to grow as they diversify their portfolio of services. In particular, Salesforce is seeing increasing traction from its new pricing strategy surrounding its Lightning UI platform launched late last year. Moreover, adding a layer of analytics to its suite of services will be an important long-term driver. International growth also presents a major opportunity for Salesforce. Nearly 75% of revenue currently come from North America, which is okay for now given the strength of the U.S. dollar but diversifying to other regions should not go unexplored.  The biggest news coming out of Salesforce this year is the launch of an Internet of Things cloud on Amazon Web Services.

Palo Alto Networks (PANW) Information Technology – Communications Equipment | Reports August 30, after the close.

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