Salesforce.com's Projected Earnings Rise

Salesforce.com (CRM) has been a significant focus in the stock market recently. The company is projected to post earnings of $2.42 per share for the current quarter, marking a year-over-year change of +14.7%. The earnings estimate for the current fiscal year suggests a change of +20.7% from the previous year. For the upcoming fiscal year, the earnings estimate indicates a change of +10.4% from the expected report of the current year.

The sales estimate for the current quarter shows a year-over-year change of +7.2%. For the current and next fiscal years, estimates suggest changes of +8.6% and +8.8%, respectively. In the last reported quarter, Salesforce.com reported revenues of $9.33 billion, indicating a year-over-year change of +8.4%.

Salesforce.com also has a significant reliance on international sales. Europe and Asia Pacific contribute a substantial portion of its total revenue. In the quarter ending July 2024, Europe accounted for 23.4% of the company's total revenue, while Asia Pacific constituted 10.1%. Analysts expect Salesforce.com to report $9.35 billion in total revenue for the current fiscal quarter, with Europe and Asia Pacific expected to contribute 21.1% and 9.9% to the total revenue, respectively.

Despite its performance, Salesforce.com is trading at a premium compared to its peers. The company's dependency on global markets for its revenues presents a mix of potential gains and hazards.