The latest trading session saw Salesforce.com (NYSE: CRM) ending at $275.74, denoting a +0.53% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.35%.
The customer-management software developer's stock has dropped by 8.93% in the past month, falling short of the Computer and Technology sector's loss of 1.9% and the S&P 500's loss of 2%.
The upcoming earnings release of Salesforce.com will be of great interest to investors. The company is predicted to post an EPS of $2.38, indicating a 40.83% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $9.14 billion, up 10.82% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts ...