Earnings Outlook: Salesforce earnings: Software outage and resulting rebates could hit outlook [MarketWatch]
Salesforce, Inc. (CRM)
Last salesforce, inc. earnings: 2/25 04:06 pm
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Source: MarketWatch
Salesforce earnings: Software outage and resulting rebates could hit outlook Salesforce.com Inc.’s outlook will be closely watched when it reports results from a seasonally weak quarter on Tuesday, with a large service outage expected to trim some of the results from the current period. is expected to show it powered through one of its seasonally weaker quarters with solid results when it reports earnings but analysts say the customer relationship management software company will have to address its outlook and a large service outage that occurred recently. Salesforce CRM, -2.73% is scheduled to report first-quarter results after the market close on Tuesday, nearly three weeks after the company experienced a major outage on May 17. While the outage only lasted a few hours, some customers were affected for days. “Discussions with some customers indicate that the outage resulted in disrupted service for three days (Friday, Saturday, and Sunday),” said Jefferies analyst John DiFucci,
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CRM
News
- Salesforce, Inc. (NYSE: CRM) had its price target raised by analysts at TD Cowen from $290.00 to $340.00. They now have a "hold" rating on the stock.MarketBeat
- Salesforce, Inc. (NYSE: CRM) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $385.00 price target on the stock, up previously from $330.00.MarketBeat
- Cramer Says Salesforce (CRM) Needs a Break Amid Unsustainable Rally [Yahoo! Finance]Yahoo! Finance
- Randstad Digital launches Salesforce Novelty Hub [Yahoo! Finance]Yahoo! Finance
- Salesforce, Inc. (NYSE: CRM) had its price target raised by analysts at JPMorgan Chase & Co. from $310.00 to $340.00. They now have an "overweight" rating on the stock.MarketBeat
CRM
Earnings
- 8/28/24 - Beat
CRM
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form 4
- 11/5/24 - Form 8-K
- CRM's page on the SEC website